Vestas and
LM Wind Power recently announced a deal that will see the latter’s blade factory in Goleniów (near Szczecin, Poland) become part of Vestas’s growing European manufacturing capability for an undisclosed amount paid by Vestas to LM Wind Power. The factory produces blades for Vestas’s onshore wind solutions and will continue to play a key role in meeting the growing energy needs of Poland and the rest of the European Union (EU).
Anders Nielsen, Vestas’s chief technology and operations officer, said: “Europe needs secure, affordable and sustainable energy more than ever, and we are pleased to expand our European manufacturing footprint to support wind energy’s growing role in Europe’s energy system. I want to thank LM Wind Power for its support and collaboration through the years, and we are very pleased that our respective strategic priorities have made it possible for the factory to continue operating and be part of Vestas’s continued growth in Europe.”
Strategic moveHanif Mashal, LM Wind Power’s CEO, said: “This proposed transaction is a strategic move for LM Wind Power and GE Vernova. This transaction would enable us to simplify our business and reinvest capital into our core European Union manufacturing facilities producing GE Vernova wind products to better serve our customer base in the EU. We are grateful for the opportunity to collaborate with Vestas on the proposed transfer of this factory, previously dedicated to its projects, directly to Vestas ownership to continue fulfilling its needs. We will work closely with Vestas to help ensure a smooth completion of the transaction.”
The factory was established in 2009, expanded in 2017, and will continue to deliver blades for Vestas’s onshore wind solutions, including the V172-7.2MW turbine. The transaction is subject to the required regulatory approval. Vestas designs, manufactures, installs, and services onshore and offshore wind turbines around the world; and with more than 190GW of wind turbines in 88 countries, it has installed more wind power than any other company.