Vestas and Mitsubishi Heavy Industries strengthen partnership in sustainable energy

Vestas Wind Systems A/S (Vestas), a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries, Ltd. (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. The strengthened partnership entails that Vestas will acquire MHI's shares in the MHI Vestas Offshore Wind (MVOW) joint venture, and MHI will acquire 2.5 percent in Vestas and be nominated to a seat in Vestas' Board of Directors.