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Vestas - About the company

Vestas is a public company based in Aarhus (Denmark), founded in 1945. It operates as a Manufacturer of wind turbines. Vestas has raised an undisclosed amount in funding. The company has 457 active competitors, including 48 funded and 49 that have exited. Its top competitors include companies like Orano, Suzlon and Envision Energy.

Company Details

Manufacturer of wind turbines. It manufactures wind turbines with a capacity ranging in MW scale. And also it company has installed numerous wind turbines in various countries on five continents.
Social
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Email ID
*****@vestas.com
Phone Number
+45 **********
Key Metrics
Founded Year
1945
Location
Aarhus, Denmark
Stage
Public
Ranked
Employee Count
31,982 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Vestas's IPO details

Vestas got listed on Jan 07, 2000.
Click here to take a look at Vestas's IPO in detail
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Vestas's funding and investors

Vestas has raised funding over 5 rounds. Its first funding round was on Jan 01, 2016. Its latest funding round was a Grant (prize money) round on Dec 01, 2021 for $*****. 1 investor participated in its latest round. Vestas has 9 institutional investors.

Here is the list of recent funding rounds of Vestas:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 01, 2021
2649471
Grant (prize money)
1156671
4219487
3484374
6315044
Sep 01, 2019
8809915
Grant (prize money)
6047297
5950220
4233529
Mar 18, 2019
1080631
Grant (prize money)
4614702
7018955
7592411
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Vestas' founders and board of directors

Founder? Claim Profile

Vestas' Board of Directors

Vestas's board has 7 active members. Javier Rodríguez Diez and Henrik Andersen are part of team and Nikolaj Tyge Gertz, Kasper Dalsten, Christopher Charles Rogers, Thomas Gunner Arendt and Thomas Alsbjerg are independent board members.
Here is the list of Vestas' board of directors:
Name
Type
Representing
Status
Duration
fhixbns
Team
-
Current
3y 7m
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Team
-
Current
5y 6m
Independent board member
-
Current
5y 6m
fdlqnkm
Independent board member
-
Current
7y 1m
qlltgve
Independent board member
-
Current
2y 3m
u{youvf
Independent board member
-
Current
2y 9m
hkkefbn
Independent board member
-
Current
7y 2m

Vestas' employee count trend

Vestas has 31,982 employees as of Sep 26. Here is Vestas's employee count trend over the years:
Employee count trend for Vestas
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Vestas's Competitors and alternates

Top competitors of Vestas include Orano, Suzlon and Envision Energy. Here is the list of Top 10 competitors of Vestas, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Orano
Orano
2001, United States, Public
Fuel and power producer in the nuclear energy sector
$308M
75/100
2nd
Logo for Suzlon
Suzlon
1995, Pune (India), Public
Wind turbine manufacturer
$45.8M
74/100
3rd
Logo for Envision Energy
Envision Energy
2007, Huangpu (China), Late Stage
Developer of wind energy projects
$1B
73/100
4th
Logo for Siemens Gamesa
Siemens Gamesa
1976, Zamudio (Spain), Acquired
Manufacturer of utility-scale wind turbines
-
67/100
5th
Logo for Nordex
Nordex
1985, Hamburg (Germany), Public
Manufacturer of wind turbines
-
65/100
6th
Logo for Refex Group
Refex Group
2002, Chennai (India), Public
Provider of refrigerant gases, ash management, green mobility, and power solutions
-
-
63/100
7th
Logo for LM Wind Power
LM Wind Power
1978, Kolding (Denmark), Acquired
Wind Turbine component developer
$1.77M
61/100
8th
Logo for Inoxwind
Inoxwind
2009, Noida (India), Public
Manufactures wind turbine components
-
59/100
9th
Logo for Vestas
Vestas
1945, Aarhus (Denmark), Public
Manufacturer of wind turbines
-
60/100
10th
Logo for CTC Global
CTC Global
2001, Irvine (United States), Acquired
Developer of ACCC conductors to improve grid efficiency
$25M
53/100
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Vestas's Investments and acquisitions

Vestas has made 6 investments in companies including Hysata and Modvion. Vestas has also acquired 3 companies including Utopus Insights and Availon.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
May 09, 2024
Investments
2021
Wollongong (Australia)
Feb 06, 2023
Investments
2015
Gothenburg (Sweden)
Aug 02, 2022
Investments
2021
Wollongong (Australia)
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See all investments and acquisitions by Vestas

Reports related to Vestas

Here is the latest report on Vestas's sector:

News related to Vestas

lockFilter this list
Media has covered Vestas for a total of 146 events in the last 1 year, 102 of them have been about company updates and 5 about partnerships.
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FAQs about Vestas

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