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Mitsubishi Heavy Industries Ltd to Establish Joint Venture with Vestas Wind Systems A/S


Friday, 27 Sep 2013 01:50am EDT 

Mitsubishi Heavy Industries Ltd announced that it has decided to establish a joint venture with Vestas Wind Systems A/S. The joint venture will be engaged in the development, designing, manufacturing and provision of after service for sea windmills, based in Denmark. Mitsubishi Heavy Industries Ltd and Vestas Wind Systems A/S will hold a 50% stake in the joint venture respectively. The joint venture is expected to start operating since March 2014. 

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