Vestas Reconsiders UK Expansion After Wind Auction Failure

  • UK has now become an average country for offshore: Vestas CEO
  • UK fails to clear any offshore wind in renewable auction
Photographer: Angel Garcia/Bloomberg
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Danish wind-energy company Vestas Wind Systems A/S is reconsidering plans to make more turbines in the UK after a government auction for offshore wind failed to attract any bids.

“A factory is not going to be built in the UK until we have a clear predictability of the demand side,” Chief Executive Officer Henrik Andersen said in a phone interview. “The UK, instead of being a leader toward the offshore industry, has now become an average country.”