Vestas Wind Systems, Strategic repositioning of Vestas Wind Systems A/S and Vestas RRB India Ltd. in the Indian market

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Vestas Wind Systems A/S has decided to strategically reposition itself in the Indian market. Vestas Wind Systems A/S will through its wholly owned subsidiary NEG Micon India Pvt. Ltd. continue to focus on NEG Micon wind turbines with a capacity of 750 kW and above. Vestas Wind Systems A/S has, however, entered into an agreement with Vestas RRB India Ltd. concerning transfer of its shareholding of approx 49 per cent in Vestas RRB India Ltd. to the Managing Director of Vestas RRB India Ltd.

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