04/22/2017
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LM Wind Power Officially Part of GE
Official Press Release GE Reports:
Catching More Wind: GE Acquires World’s Largest Turbine Blade Maker
Wind Industry Profile of
In December, five massive wind turbines began harnessing breezes whipping off the coast of Rhode Island. Each as tall as the Statue of Liberty, the turbines use 600-foot-long blades made by the Danish company LM Wind Power attached to a 6-megawatt Haliade generator made by GE Renewable Energy in France.
Two months before they came online, GE said it would acquire LM Wind Power for $1.65 billion. The deal was just completed. The Block Island wind farm, the first offshore farm in the U.S., isn’t large, but it’s a part of a global trend. Worldwide investment in renewable energy ... More: Official Press Release GE Reports
- Keywords:
- GE, LM Wind Power, blades, turbines, aquisition, GE Reports
