Additional information in the market regarding MHI Vestas Offshore Wind and the Navitus Bay offshore project in the UK

Today, there is additional information in the market regarding the Navitus Bay project, an offshore project in the UK, for which MHI Vestas Offshore Wind was appointed preferred supplier earlier this year, ref. company announcement No. 25/2015 of 21 May 2015. 

Vestas can confirm that Navitus Bay Development Limited has informed that it has decided not to challenge the decision by the UK Secretary of State to refuse consent for the proposed Navitus Bay project.     

As MHI Vestas Offshore Wind had only been appointed preferred supplier for the potential order and hence the project had not achieved status as a firm and unconditional order, the decision by Navitus Bay Development Limited will not impact the order backlog of MHI Vestas Offshore Wind. 

Vestas discloses this announcement based on Vestas’ obligation as a Danish listed company, ref. the Securities Trading Act, section 27(2). 

Contact details
Vestas Wind Systems A/S, Denmark
Hans Martin Smith, Senior Vice President, Investor Relations
Tel: +45 9730 8209

More information about this announcement can be found at http://www.mhivestasoffshore.com/media/

MHI Vestas Offshore Wind is a joint venture between Vestas Wind Systems A/S (50 percent) and Mitsubishi Heavy Industries (MHI) (50 percent). The company’s sole focus is to design, manufacture, install and service wind turbines for the offshore wind industry.

MHI Vestas Offshore Wind
Matt Whitby, Press Officer
Tel: +45 2250 7131
Email: matke@mhivestasoffshore.com