Vestas take-over of Mitsubishi offshore turbine venture sails Dane into wider market seas

Vestas' $830m take-over of its 50:50 offshore wind turbine venture with Mitsubishi Heavy shows the Dane is betting on the sector for portfolio-changing growth, writes Darius Snieckus

Installation of MHI Vestas offshore wind turbines at Northland's Deutsche Bucht project off Germany — Installation of MHI Vestas offshore wind turbines at Northland's Deutsche Bucht project off GermanyFoto: MHI Vestas

Darius Snieckus

Published 29 October 2020, 14:36Updated 29 October 2020, 14:47