Vestas

🏆 Ecowende project recognised for world-class project execution   We’re proud that Vestas, in partnership with Ecowende, have been named a finalist in the 2026 IPMA: International Project Management Association's Global Awards for Large & Mega-Sized Projects, recognising project excellence in delivering the Hollandse Kust West VI offshore wind farm.   Delivering a project of this scale takes more than technology. It takes strong project management, rigorous planning and close collaboration across engineering, manufacturing, logistics, installation and commissioning, with safety and execution at scale at the heart of everything we do.   For Ecowende, project success means rethinking how offshore wind is designed and built, with ecology at the heart of the project. Together with Vestas, we are pioneering innovative approaches to minimise impact on birds, bats and marine ecosystems while testing solutions designed to stimulate biodiversity. Through extensive monitoring, research and data sharing, the project is generating valuable knowledge that can help shape the next generation of offshore wind farms.   Being recognised among the world’s leading large and mega-sized projects is a testament to the expertise, collaboration and commitment of everyone involved at Vestas, Ecowende and partners. As offshore wind projects continue to grow in scale and complexity, strong project execution is essential to delivering secure, affordable and sustainable energy in harmony with nature.

We’ve completed turbine installations at EnBW Energie Baden-Württemberg AG’s He Dreiht.    All 64 V236-15.0 MW offshore turbines are now installed at the project in the North Sea. Here’s a snapshot of how He Dreiht will strengthen Europe’s energy system:   ✅ All 64 turbines amount to a capacity of 960 MW of secure, sustainable European energy. ✅ A single rotation of the rotor on our V236 turbine generates enough electricity to power four German households. ✅ The project represents a €2.4 billion investment in Europe’s energy independence and has been built entirely without state funding.    “The completion of turbine installation at He Dreiht marks a major milestone for Vestas and for offshore wind. He Dreiht is the first project to feature the installation of our flagship V236-15.0 MW turbine, marking an important step in bringing a new generation of offshore wind capacity into operation. I would like to thank Peter Heydecker and everyone at EnBW, as well as all partners involved, for the strong collaboration in reaching this milestone,” says Henrik Andersen, President and CEO of Vestas.   The work continues as we move ahead with the final stages of the project, including the investigation of the blade incident and commissioning.   Thank you to everyone involved in reaching this installation milestone.

Out now: our financial report for the second quarter of 2026.   Our business performance improved year-on-year during continued geopolitical uncertainty.    We achieved a 26 percent revenue growth year-on-year and an EBIT margin of 9.4 percent, resulting in the highest second-quarter profitability since 2018. Order intake was up 67 percent year-on-year to 3.3 GW, and Service performed according to plan.    Based on our performance in the second quarter and visibility towards the end of the year, we raise the 2026 outlook on profitability and return further cash to shareholders through a new share buyback of EUR 400m that will run until the end of the calendar year.   Our CEO, Henrik Andersen, says: “We’re pleased to have delivered a solid second quarter of 2026 amidst growing geopolitical uncertainty. We continue to improve execution in our Onshore and Offshore businesses, and Service is performing according to plan. Demand for wind energy solutions remains strong due to the growing need for secure, affordable, and sustainable energy, and we want to thank our customers, partners and colleagues for their continued engagement and support.   Read the press release: https://lnkd.in/e2jSAbXA Join our investor audiocast: https://lnkd.in/eWfTG93F

Today, we announced the appointment of Anna Mascolo as President of Vestas Northern & Central Europe and Global Offshore, succeeding Nils de Baar, who has decided to retire from operational roles later this year. Anna joins Vestas from Shell, where she most recently served as Executive Vice President of Low Carbon Solutions. With more than 25 years of international leadership experience across the energy sector, she brings deep commercial expertise, a strong customer focus, and extensive experience driving growth and transformation. Henrik Andersen, President and CEO of Vestas, says “I am delighted to welcome Anna to Vestas. Anna brings a unique combination of commercial acumen, international leadership experience, and deep expertise within the energy sector. At the same time, I would like to extend my sincere gratitude to Nils de Baar for his extraordinary contribution to Vestas. For more than a decade, Nils has been instrumental in shaping Vestas’ success in Europe. Nils has consistently shown strong leadership and a deep commitment to customers, people, and the energy transition. He leaves behind a stronger business and a lasting legacy at Vestas”. As President of Northern & Central Europe and Global Offshore, Anna Mascolo will be responsible for leading Vestas’ sales, construction, service, and development activities of onshore wind across the region as well as Global Offshore, supporting customers in their efforts to deliver affordable, secure, and sustainable energy. Anna Mascolo has her first day at Vestas today, while Nils de Baar will leave Vestas by end of September following a thorough handover with partners and colleagues at Vestas. Read full press release here: https://lnkd.in/eWHn2nk4 #Vestas #WindEnergy #RenewableEnergy

Topping off one of Australia’s most important energy projects! 🇦🇺 We’ve installed the final turbine at TagEnergy's Golden Plains Wind Farm, with all 215 EnVentus V162-6.2 MW turbines now standing across Australia’s largest wind project. Currently generating around 1.1 GW, the wind farm will deliver 1.33 GW of renewable energy capacity once fully complete. Golden Plains Wind Farm represents the progress Australia is making towards a more secure and sustainable energy future. ⚡ 💚 Reducing the risk of relying on energy imports. 💚 Bringing more affordable renewable energy online. 💚 Investing in local communities through direct and indirect jobs, bringing economic benefits to local businesses and supply chains. 💚 Delivering lasting benefits for regional communities. 💚 Strengthening Australia’s energy transition. This milestone belongs to the people who made it possible. A huge thank you to the teams whose resilience, dedication, and commitment to excellence have helped bring Golden Plains Wind Farm to life. Their passion for what they do, combined with a relentless focus on safety, quality and professional delivery, has been at the heart of every turbine installed. Together, we are helping shape the future of renewable energy in Australia. 🤝🌏 #GoldenPlainsWindFarm #Vestaslandmarkprojects

🇵🇱 We’re celebrating first power at Poland’s first offshore wind farm! ⚡ Together with our partners ORLEN S.A. and Northland Power Inc., and alongside Polish Prime Minister Donald Tusk we marked a major milestone as Baltic Power offshore wind farm produced its first kilowatt-hours of electricity. The message of the day: Let's focus on what we can control, building a resilient energy system with partners we can count on. With more than 50 of our V236 turbines now installed, we’re moving closer to completing installations and bringing this important project for Poland and Europe’s energy system online. Many of the components for this project have been produced in Poland, including the nacelles at our factory in Szczecin. Once complete, Baltic Power will deliver secure, homegrown electricity to more than 1.5 million Polish households and meet around 3% of the country’s electricity demand, underlining the role of offshore wind in securing Europe’s energy supply.

🤝 Partnership is the only way to meet rising demand for secure, affordable energy. It starts with a shared ambition. Then comes the hard work: planning at scale, solving challenges, and combining technology, grid integration and construction expertise. That’s exactly what we achieved with Pattern Energy on the SunZia Wind Farm in the US. Together, we delivered 242 V163-4.5 MW turbines and nearly 1 GW of installed capacity, enough to power around 320,000 homes. Beyond delivering clean electricity to local communities and industry, SunZia helped drive a $40 million investment across our Colorado manufacturing facilities, more than tripling employment at our Brighton Nacelle and Windsor Blade factories to support domestic production of the V163-4.5 MW turbine. 📹 Watch the full story of how SunZia came to life: https://lnkd.in/eP29CEgJ #VestasLandmarkProjects

We’ve wrapped the second quarter of 2026 with more than 2.7 GW of announced firm orders. Here are some of the highlights we’ve achieved together with our customers. 👇 🇨🇦 We strengthened our presence in Québec with a 186 MW order from EDF power solutions North America. 🇩🇪 Announced orders in Germany reached over 480 MW, including orders from BOREAS Energie GmbH, ENERTRAG, and Energieplan Ost West GmbH & Co. KG. 🇧🇬 🇷🇴 New orders from Bulgaria and Romania as both countries push to install more homegrown wind energy. 🇯🇵 We added 67 MW of onshore orders in Japan across two projects. 🇫🇷 More than 110 MW of orders added in France. 🇺🇸 Onshore momentum continues in the USA. 📅 Unannounced orders from Q2 will be disclosed in our financial report on 12 August.

⚡First power at Ecowende’s Hollandse Kust West offshore wind farm. The first turbines are spinning and power has begun to flow as installation continues off the coast of the Netherlands. Once complete, Hollandse Kust West will feature 52 of our V236-15.0 MW offshore turbines, significantly increasing the supply of secure, affordable and sustainable energy in the Netherlands. Three of the seven turbines fitted with a single red-painted blade are also now standing tall and will help test whether colour contrast can reduce bird collision risk. We're proud to be working with Ecowende, a joint venture between Shell, Chubu Electric Power Co., Inc. and Eneco, on a project that helps meet growing energy demand while prioritising the surrounding natural environment. 📷 Ecowende and Flying Focus

Pride Month is a reminder that we are stronger together. 🌈 It’s a moment to show support for our LGBTQ+ colleagues and to reinforce that every turbine we install is built on trust, respect and a sense of belonging. Inclusion isn’t separate from our work. It underpins how we collaborate, how we innovate, and how we deliver secure, affordable and sustainable energy. When people feel able to be themselves, they do their best work and deliver for each other. That same collective effort is what enables us to keep moving forward, together with our colleagues, customers and partners to 🌍 Deliver more than 200 GW of wind energy worldwide. 🤝 Bring together a global workforce of more than 37,000 people, united around the same goal. ⚡ Provide businesses and communities with secure, homegrown wind energy. Pride is a reminder that everyday allyship, listening and respect are what help build the teams we need to keep delivering the wind energy world needs. 💪