Vestas and Mitsubishi Heavy Industries (MHI) have closed the agreement to expand their partnership in sustainable energy.
Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint venture, while MHI has acquired 2.5 percent in Vestas.
The integration of Vestas and MHI Vestas Offshore Wind will complete by 1 February 2021.
Vestas has also announced new roles for selected senior leaders from the joint venture.
Johnny Thomsen, currently CEO of MHI Vestas Offshore Wind, will become group senior vice president, head of Global Offshore Commercial, reporting to Vestas’ chief sales officer, Juan Araluce/
Flemming Ougaard, currently head of Global Offshore Service & Construction, will become SVP, head of Global Offshore Service & Construction, reporting to Juan Araluce and Vestas’ chief service officer, Christian Venderby.