15.May
Vestas Acquires Polish Blade Manufacturing Facility from LM Wind Power, Expanding European Production Network
Aarhus and Kolding, Denmark (May 15, 2025) – Vestas has finalized an agreement to acquire LM Wind Power’s wind turbine blade production plant in Goleniów, located near Szczecin, Poland, under confidential financial terms. This strategic acquisition enhances Vestas’ expanding European manufacturing infrastructure while maintaining critical production capabilities for onshore wind solutions serving Poland and broader European markets.
Vestas Chief Technology and Operations Officer, Anders Nielsen states: “Europe needs secure, affordable and sustainable energy more than ever, and we’re 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 their support and collaboration through the years, and we’re very pleased that our respective strategic priorities have made it possible for the factory to continue operating and be part of Vestas’ continued growth in Europe.”
LM Wind Power CEO, Hanif Mashal comments: “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 (EU) manufacturing facilities producing GE Vernova wind products to better serve our loyal 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 their projects, directly to their ownership to continue fulfilling their needs. We will work closely with Vestas on a smooth completion of the transaction.”
The facility, founded in 2009 and expanded in 2017, will maintain operations producing blades for Vestas’ onshore wind turbines, including the advanced V172-7.2 MW model. Finalization of the transaction remains contingent on standard regulatory approvals.
About LM Wind Power
GE Vernova’s LM Wind Power business is a pioneer in developing and producing high-performance rotor blades for onshore and offshore wind turbines, offering comprehensive blade services and maintaining a global manufacturing presence.
About Vestas
Vestas serves as the global energy sector’s premier partner for sustainable energy solutions. The company designs, manufactures, installs, and maintains onshore and offshore wind turbines worldwide, with over 190 GW of installations across 88 countries. Leveraging industry-leading digital capabilities and a vast 157+ GW service portfolio, Vestas utilizes data analytics to optimize wind resources and deliver cutting-edge renewable energy solutions. With 35,000 dedicated employees, Vestas collaborates with global partners to advance clean energy technologies for future generations.
About GE Vernova
GE Vernova Inc. (NYSE: GEV) operates as a dedicated global energy enterprise encompassing Power, Electrification and Wind business segments, supported by specialized accelerator divisions. Drawing on more than 130 years of innovation addressing global challenges, GE Vernova occupies a unique position in advancing energy transition initiatives. The company enables customers to power economies and deliver essential electricity services that enhance global health, safety, and quality of life. Headquartered in Cambridge, Massachusetts, U.S., GE Vernova employs approximately 85,000 professionals across 100 countries, guided by its mission: The Energy to Change the World™.
GE Vernova’s Wind division specializes in delivering advanced wind energy products and services to accelerate the global shift toward renewable energy. Its technology portfolio includes the next-generation 3-megawatt onshore wind turbine series and the Haliade-X offshore wind platform, complemented by comprehensive maintenance and lifecycle extension solutions.
Forward-Looking Statements
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