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Mitsubishi Heavy Industries announces terms for joint venture with Vestas Wind Systems

Tuesday, 1 Apr 2014 04:00am EDT 

Mitsubishi Heavy Industries Ltd:To establish joint venture MHI Vestas Offshore Wind A/S with Vestas Wind Systems A/S on April 1, with MHI Holding Denmark ApS and Vestas Wind Systems holding 50 pct respectively.The joint venture capitalized at 144 mln euros will be engaged in development, designing, manufacturing and provision of after service for sea windmills, based in Denmark. 

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12.9 +2.93%
27 Nov 2015