Wind turbine giant Vestas announces 220 layoffs as part of ‘internal reorganisation’

The redundancies will affect employees in the UK and Denmark

Vestas closes agreement for MHI’s stake in offshore joint venture

The Danish wind turbine manufacturer will acquire Mitsubishi Heavy Industries’ share in return for a 2.5% stake in the company

Vestas acquires MHI’s stake in offshore joint venture

The €709m deal will also see Mitshubishi Heavy Industries secure a 2.5% stake in Vestas