A Bilfinger GVA economic impact assessment found that the MHI Vestas’ blade production facility has provided 135 million British pounds of economic output to the U.K. economy in the last 12 months, supporting over 380 direct and indirect jobs and generating significant value for the local Isle of Wight economy through salaries and spending.
“There are three key areas of value that we bring to the U.K. – namely, competition, innovation and skills – which will continue to bring direct benefits in terms of cost reductions, jobs and investment in the U.K.,” comments Jens Tommerup, CEO at MHI Vestas offshore wind. “This truly is a win-win-win scenario: a win for U.K. jobs; a win for U.K. industry; a win for cost-competitive, secure, low-carbon power generation in the United Kingdom.”
MHI Vestas says it opted to build a strong, competitive supply chain that creates jobs and investment in the U.K. because of the continued market growth and sustained policy support for offshore wind power projects. The company remains firmly on track to deliver up to 800 jobs and 200 million British pounds of investment in the U.K. as part of a broader industrial strategy.