LM Wind Power (formerly LM Glasfiber) is a Danish manufacturer of

wind turbine A wind turbine is a device that wind power, converts the kinetic energy of wind into electrical energy. , hundreds of thousands of list of most powerful wind turbines, large turbines, in installations known as wind farms, were generating over ...

blades, and a subsidiary of

GE Vernova GE Vernova, Inc., is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. GE Vernova was formed from the merger and subsequent spin-off of General Electric's energy businesses in 2024: GE Power, GE ...

History

LM Wind Power was founded in 1940, as ''Lunderskov Møbelfabrik'' (Lunderskov furniture factory) in the small town Lunderskov, Denmark. In 1952, they investigated the possibilities of commercial exploitation of glass fiber technology, which made them change their name to LM Glasfiber and abandon their original plan of manufacturing wooden furniture. In the 1970´s the company produced a series of sailboats, for example the LM 24. It was not until 1978 they started making wind turbine blades. On 11 June 2010, LM Wind Power took part in setting an aviation record. They commissioned the

An-225 The Antonov An-225 Mriya (; NATO reporting name: Cossack) was a large strategic airlift cargo aircraft designed and produced by the Antonov, Antonov Design Bureau in the Soviet Union. It was originally developed during the 1980s as an enlarged ...

to carry the world's longest piece of air cargo, as it flew two new 42-meter wind turbine blades from their factory in

Tianjin Tianjin is a direct-administered municipality in North China, northern China on the shore of the Bohai Sea. It is one of the National Central City, nine national central cities, with a total population of 13,866,009 inhabitants at the time of the ...

, China, to their test facility in Lunderskov, Denmark.Record breaking journey
''Renewable Energy Sources'', 11 June 2010. Pictures

Retrieved: 13 June 2010.

Organization

LM Wind Power employed approximately 4,505 employees worldwide at the end of 2014. The company is headquartered in Kolding, Denmark and has a global business office in

Amsterdam Amsterdam ( , ; ; ) is the capital of the Netherlands, capital and Municipalities of the Netherlands, largest city of the Kingdom of the Netherlands. It has a population of 933,680 in June 2024 within the city proper, 1,457,018 in the City Re ...

, the Netherlands. LM Wind Power has built production facilities in the major wind energy markets – 13 locations in 8 countries (Denmark, Spain, United States,

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

, India, China, Poland and Brazil). In addition to this, the company has a global network of R&D Centres in Denmark, the Netherlands, and India.

Ownership

From 2001 to 2017, the main stakeholders of LM Wind Power were investment partnerships organized by

Doughty Hanson & Co Doughty Hanson & Co. is a British private equity fund manager focused on leveraged buyout and recapitalization transactions primarily of upper middle-market companies in Europe. The firm also invests opportunistically in European real estate and ...

. Ltd., presenting LM as the largest independent blade provider globally. In April 2017, GE Renewable Energy purchased LM Wind Power for a total cost of €1.5 billion. This acquisition facilitated GE's ability to distribute wind energy to customers around the world.

References

External links

* , official website {{Wind power Companies based in Kolding Municipality Greater Grand Forks Wind power Danish brands Danish companies established in 1940 2017 mergers and acquisitions General Electric acquisitions Multinational companies headquartered in Denmark