Archive for lm wind power

GE And LM Wind Power Complete $1.65B Merger

Posted by Betsy Lillian on April 20, 2017

GE has completed its $1.65 billion acquisition of LM Wind Power, a Denmark-based technology developer and manufacturer of rotor blades for the wind energy industry. The completion of the transaction follows regulatory approval in the European Union, the U.S., China and [Read More]

More M&A Action: GE-LM Wind Power Merger Gets OK From EU

Posted by Betsy Lillian on March 20, 2017

Concluding that the merged entity would continue to face “effective competition” in Europe, the European Commission has approved GE’s acquisition of Danish wind blade manufacturer LM Wind Power. The commission says its investigation focused on the effect of the transaction [Read More]

LM Wind Power Bringing New Blade Factory To Normandy

Posted by Betsy Lillian on February 23, 2017

Denmark-headquartered LM Wind Power, a global manufacturer of wind turbine blades, is opening up a new factory in Normandy, France. The factory, dedicated to offshore wind power, will be built on a site developed by Ports Normands Associes (PNA), a [Read More]

LM Wind Power Garners Government Support For Quebec Expansion

Posted by Betsy Lillian on January 19, 2017

LM Wind Power Canada, a designer and independent supplier of rotor blades for wind turbines, recently received financial support from the government of Quebec for an expansion of its factory in Gaspe, Quebec. The $5.7 million investment was announced at [Read More]

LM Wind Power Breaks Ground On New Wind Turbine Blade Plant In Turkey

Posted by Lauren Tyler on July 14, 2016

LM Wind Power has broken ground on a 17 hectares piece of land in Bergama, Turkey, from the Bergama Organized Industrial Zone. According to LM, the site will become home to a world-class, high-technology factory for the manufacture and distribution of wind [Read More]