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home / news releases / VWDRY - Vestas Takes Bold Steps To Address Burgeoning Offshore Segment


VWDRY - Vestas Takes Bold Steps To Address Burgeoning Offshore Segment

  • Vestas is acquiring Mitsubishi's 50% stake in offshore segment MHI Vestas in exchange for shares and a board seat.
  • Vestas is the #1 onshore wind player and focused on becoming the #1 offshore wind player.
  • Vestas will introduce a new, more competitive offshore platform further reducing LCOE.
  • Vestas and Mitsubishi plan to collaborate on green hydrogen.

For further details see:

Vestas Takes Bold Steps To Address Burgeoning Offshore Segment
Stock Information

Company Name: Vestas Wind Systems A/S ADR Unsponsored Repstg 1 Ord Shs
Stock Symbol: VWDRY
Market: OTC

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