In a strategic move to strengthen its European production capabilities, Danish wind turbine manufacturer Vestas has entered into an agreement to acquire LM Wind Power’s blade manufacturing facility in Goleniów, Poland. The transaction, announced on May 15, 2025, marks a significant expansion of Vestas’ European manufacturing footprint as demand for wind energy solutions continues to grow across the continent.
Factory Details and Operational Continuity
The Goleniów facility, established in 2009 and expanded in 2017, has been producing blades for Vestas’ onshore wind turbines under a supply agreement. The plant specializes in manufacturing blades for Vestas’ V172-7.2 MW turbine model and will continue its current operations post-acquisition. Approximately 500 skilled workers are employed at the site, with no immediate changes to staffing anticipated.
Strategic Rationale
This acquisition serves multiple strategic purposes for both companies:
- For Vestas:
- Secures dedicated blade production capacity in Central Europe
- Reduces supply chain complexity for European projects
- Strengthens ability to meet growing demand in Polish and neighboring markets
- For LM Wind Power (a GE Vernova company):
- Allows focus on core manufacturing facilities serving GE Vernova wind turbines
- Enables capital reallocation to other strategic initiatives
Industry Context
The deal comes at a time when European nations are accelerating their wind energy deployments to meet renewable energy targets and enhance energy security. Poland has emerged as one of Europe’s fastest-growing wind markets, with its installed onshore wind capacity expected to double by 2030.
Management Perspectives
Anders Nielsen, Vestas’ Chief Technology and Operations Officer, emphasized the importance of European manufacturing: “Having production closer to our customers improves responsiveness while reducing transportation emissions. This facility has been an important partner for years, and we’re pleased to formally bring it into the Vestas family.”
Hanif Mashal, CEO of LM Wind Power, noted: “This transaction allows both companies to optimize their respective operations. We’re committed to ensuring a smooth transition.”
Regulatory Process
The transaction remains subject to customary regulatory approvals, with both companies anticipating completion within six to nine months. During this period, operations will continue unchanged under LM Wind Power’s management.
About the Companies
Vestas, headquartered in Aarhus, Denmark, is the world’s largest wind turbine manufacturer with installations in 88 countries. LM Wind Power, a GE Vernova business, is a leading blade technology specialist with manufacturing facilities across three continents.
Market Reaction
Industry analysts have viewed the deal positively, noting it aligns with broader trends of vertical integration in the wind sector. The acquisition price was not disclosed, but market observers estimate it reflects standard valuations for specialized industrial assets of this nature.
For further information:
Vestas Media Relations – +45 9730 0000
LM Wind Power Communications – +1 302 509 9352
