LM Wind Power

What LM Wind Power does

LM Wind Power is a Denmark-based wind turbine rotor blade designer, manufacturer, and service provider, operating as a wholly-owned subsidiary of GE Vernova (the energy transition business of General Electric). Founded as a furniture manufacturer in 1940 and pivoting to wind turbine blade production in 1978, the company has produced over 275,000 blades and holds approximately 20% global market share — blades fitted to nearly one in five wind turbines worldwide. Its technology portfolio spans blades from 37.3m to a world-record 107m (LM 107.0 P), advanced composite materials (glass and carbon fiber reinforced polymers), aerodynamic and structural engineering, and proprietary features including leading edge protection, lightning protection, de-icing, advanced monitoring, vortex generators, T-spoilers, and serrations. The Cypress two-piece blade design and the ZEBRA recyclable blade program represent architectural and sustainability innovations.

The company operates 15 factories across 10 countries on four continents (Denmark, France, Spain, Turkey, Netherlands, USA, Brazil, India, China), supported by Technology Centers in Denmark (Test & Validation Center), India, and the Americas, plus the WMC test facility in the Netherlands and the Rain Erosion Test Center in Lunderskov. Revenue is generated primarily through direct B2B supply agreements with major wind turbine OEMs — GE Vernova (the parent and primary customer), Siemens Gamesa, Vestas, ENERCON, and Nordex — supplemented by post-sale blade service, inspections, repairs, ProBlade Ultra retrofits, and specialized logistics. Pricing is negotiated through confidential long-term supply contracts and is not publicly disclosed. LM Wind Power became the first wind energy company to achieve carbon neutrality in 2018 via its CleanLM program.

Name

LM Wind Power

Legal name

LM Wind Power Holding A/S

Website

https://lmwindpower.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

LM Wind Power is a Denmark-based designer, manufacturer, and servicer of wind turbine rotor blades, operating as a wholly-owned GE Vernova subsidiary with ~20% global market share and supplying major OEMs including GE Vernova, Siemens Gamesa, Vestas, ENERCON, and Nordex from 15 factories across 10 countries.

Ownership category

akta.pro rank

Product category

Wind Turbine Blade Manufacturing

NAICS

Engine, Turbine, and Power Transmission Equipment Manufacturing (33361)

SIC

Engines & Turbines (3510)

akta.pro primary industry

Wind Blades, Towers & Foundations Manufacturing (EUAMACAD)

akta.pro secondary industries

Wind Turbine Blade Recycling & Repurposing (Composite Processing) (EUAMALAC), Wind Component Service, Repair & Refurbishment (Blades, Gearboxes, Bearings) (EUAMACAI), Advanced Wind Technology R&D (Floating Offshore, Airborne Wind, New Rotor/Blade Concepts) (EUAMAOAB)

Keywords

• Wind turbine blades
• Rotor blade manufacturing
• Composite blade engineering
• Offshore wind components
• Blade lifecycle services

Headquarters

HQ city

Kolding

HQ country

Denmark

HQ region

Europe

Offices19 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Wind Turbine Blade Manufacturing and Supply: Design, manufacture and supply of wind turbine rotor blades to OEM customers. Blades are sold as components integrated into complete wind turbine systems. Revenue is generated through long-term supply agreements with major turbine manufacturers including GE Vernova, Siemens Gamesa, Vestas, and ENERCON.
2. Blade Service and Maintenance: Post-sale services including blade inspections, repairs, logistics, ProBlade Ultra retrofit programs, and add-on installations for wind farm operators. Revenue generated through service contracts with wind farm owners and operators.

Go-to-market motion3 records

Distribution channels1 record

Marketing channels10 records

Core offering

LM Wind Power designs, develops, manufactures and supplies wind turbine rotor blades (ranging from 37.3m to 107m in length) built from advanced glass fiber and carbon fiber composite materials, sold as integrated components to major wind turbine OEMs including GE Vernova, Vestas, Siemens Gamesa, ENERCON and Nordex. The company also provides blade service, inspection, repair, logistics, retrofit and recycling solutions to wind farm operators worldwide.

Product overview

LM Wind Power operates as a comprehensive wind turbine blade solutions provider, offering a unified portfolio of blade manufacturing (producing over 275,000 blades since 1978), advanced technology development through global Technology Centers, and blade lifecycle services. The product lineup centers on wind turbine rotor blades (with record-breaking models like the 107-meter LM 107.0 P for offshore applications) supplemented by performance add-ons (ProBlade Ultra, lightning protection, leading edge protection, de-icing, vortex generators), specialized logistics, and sustainability services (blade repurpose, recycling, zero waste manufacturing). The company serves major OEMs including GE Vernova (parent company), Vestas, Siemens Gamesa, and Nordex, with almost every fifth turbine worldwide fitted with LM Wind Power blades.

Differentiator

Problem solved

Functional benefit

Products and services

• Wind Turbine Blades (various models including LM 107.0 P, LM 88.4 P, LM 78.3, LM 73.5, LM 58.7P) Comprehensive range of wind turbine rotor blades for both onshore and offshore applications, manufactured using glass fiber and carbon fiber composite materials. Blades are sold as integrated components to wind turbine OEMs including GE Vernova, Vestas, Siemens Gamesa, and Nordex. Lengths range from approximately 37.3m to 107m.
• Cypress Two-Piece Blade Platform Two-piece blade design for GE Renewable Energy's Cypress onshore turbine platform that separates the blade body from variable-length tips to simplify manufacturing, transportation and installation.
• ProBlade Ultra Premium blade enhancement retrofit offering featuring advanced performance optimization and leading edge protection for installed wind turbine blades. Sold as an upgrade kit to wind farm operators.
• Blade Service & Maintenance Comprehensive blade inspection, repair, and maintenance services including ProBlade Ultra retrofit installations, add-on installations, and engineering consulting to extend blade lifespan and optimize performance for wind farm operators and owners.
• Blade Logistics Services Specialized blade transportation and logistics solutions including road and sea transport engineering, transport frame development, and optimization of blade delivery from factory to wind farm sites.
• Blade Features & Add-ons (Lightning Protection, Leading Edge Protection, De-icing, Vortex Generators, T-spoilers, Serrations) Performance-enhancing and durability accessories for wind turbine blades including lightning protection systems, high-performance leading edge protection (polyurethane coating), advanced monitoring systems, de-icing solutions, vortex generators, T-spoilers, and serrations. Sold to OEMs for integration into new blades and to wind farm operators as retrofits.
• Blade Recycling and ZEBRA Recyclable Blades End-of-life blade recycling solutions including the ZEBRA consortium-developed 100% recyclable wind turbine blade technology and participation in the DecomBlades consortium for cost-efficient, scalable recycling solutions.
• LM Wind Power Technology Centers Global network of technology centers in Lunderskov (Denmark), Bangalore (India), and New Orleans (USA) that provide blade design, validation, testing, supply chain optimization, and manufacturing efficiency services. The Lunderskov facility houses the Test & Validation Center and the Rain Erosion Test Center.

Quantifiable outcome

• 107-meter blade (LM 107.0 P) captures 38,000 m2 rotor area equivalent to 7 football fields
• +5 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Ten partnerships are on record, tiered core, supporting and flagship.

• VestascoreStrategic or Co-development Partner · 1 May 2025In May 2025, Vestas acquired LM Wind Power's blade factory in Poland as part of Vestas' multi-faceted growth strategy. This represents a significant commercial relationship where LM sold an operational asset to Vestas.
• ENERCONcoreStrategic or Co-development Partner · 12 March 2025LM Wind Power extended partnership with ENERCON through new LM78.3 blade contract announced March 12, 2025. ENERCON is a major wind turbine manufacturer and LM Wind Power supplies rotor blades for their turbines.
• ZEBRA Project ConsortiumsupportingStrategic or Co-development Partner · 1 January 2020LM Wind Power joined the ZEBRA (Zero Waste Blade R&D) project launched in 2020 to develop first 100% recyclable wind turbine blades. Project achieved key milestone with first recyclable blade prototype. Consortium includes multiple industry partners for developing recycling solutions.
• WMC (Wind Turbine Blade Test Center)coreTechnology or Integration · 1 January 2018Acquisition of WMC test facilities in Wieringerwerf, Netherlands. The facility provides rotor hub testing for GE turbines and continues to offer blade testing, digital tools, research and services to the wider wind industry. All 23 highly-qualified employees retained.
• GE VernovaflagshipStrategic or Co-development Partner · 1 January 2017GE Vernova (formerly GE Renewable Energy) acquired LM Wind Power in 2017, making it a wholly-owned subsidiary. LM Wind Power operates as the blade manufacturing arm of GE Vernova, supplying blades for GE turbines including the breakthrough Haliade-X 12 MW offshore turbine. The partnership yields ongoing innovations including the 107-meter LM 107.0 P blade and Cypress two-piece blade platform.
• GE Renewable Energy (Haliade-X Supply Agreement)flagshipStrategic or Co-development Partner · 1 January 2017Supply agreement with GE for blades powering the Haliade offshore wind turbine. This agreement greatly facilitated the decision to build the Cherbourg, France factory dedicated to offshore blade production.
• Ports Normand Associés (PNA)supportingStrategic or Co-development Partner · 1 January 2017Port authority including Normandy Region and Manche Department invested heavily to prepare Cherbourg port to welcome LM Wind Power and other industrial companies for renewable marine energy development. Supported establishment of Cherbourg offshore blade factory.
• ORE CatapultcoreStrategic or Co-development PartnerLong-term strategic partnership with UK Offshore Renewable Energy Catapult for testing new blade products including the 88.4-meter blade and 107-meter blade at ORE Catapult's testing facilities in Blyth, England. GE invested close to £15 million in testing and R&D activities for Haliade-X in the UK.
• 3DEXPERIENCE/SIMULIAsupportingTechnology or IntegrationLM Wind Power uses SIMULIA simulation and virtual twin technologies from Dassault Systèmes for reactor and turbine design development. Part of 3DEXPERIENCE platform used for accelerating energy transition engineering processes.
• Envision EnergysupportingStrategic or Co-development PartnerEnvision Energy highlighted as example company using simulation tools for turbine design, similar to LM Wind Power. Both companies operate in wind turbine technology development space.

Scale indicators17 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Vestas Wind Systems: World's largest wind turbine OEM and a major in-house blade producer. Directly comparable as a customer (LM supplies Vestas) and competitor (Vestas produces the majority of its blades internally). Acquired LM's Poland factory in May 2025, illustrating dual customer/rival dynamics.
• TPI Composites: US-headquartered independent wind blade manufacturer serving Vestas, GE, Siemens Gamesa and others. Closest pure-play public peer to LM Wind Power, with comparable business model (tier-1 blade supplier to multiple OEMs) and global factory footprint, though smaller scale.
• ENERCON: German wind turbine OEM and direct LM customer (LM78.3 contract extended March 2025). Comparable as both customer and competitor — ENERCON produces blades in-house and procures from LM for specific platforms, mirroring LM's hybrid OEM/supplier positioning.
• Enercon GmbH (separate ENERCON blade arm): ENERCON's blade manufacturing arm produces a wide range of onshore blades and is comparable to LM in materials engineering, casting, and finishing processes. Direct overlap on blade materials engineering and large-blade design (ENERCON's E-160 EP5 E2 platform).
• Siemens Gamesa (Siemens Energy): Top-3 global wind OEM with significant in-house blade manufacturing capacity. Direct customer of LM in Europe and a primary competitor for new blade programs. Comparable in scale, offshore focus (SG 14-222 DD), and global manufacturing footprint.
• Nordex Group: European wind OEM with significant blade manufacturing operations, particularly for onshore turbines. Cited alongside LM as one of the four OEMs producing >80% of blades installed in Europe. Competes with LM in supply agreements and blade technology development.

Broad incumbents

• GE Vernova: Parent company and broader energy portfolio of which LM Wind Power is the blade manufacturing arm. Provides the captive demand for LM's largest blades (Haliade-X, Cypress) and the platform for global wind turbine commercialization.

Regional players

• Suzlon Energy: India's largest wind turbine OEM with integrated blade manufacturing, primarily serving the Indian and select emerging markets. Comparable business model (wind OEM + blade production) at smaller scale and concentrated regional exposure where LM also operates.

Emerging players

• Mingyang Smart Energy: Chinese wind OEM and offshore turbine developer with significant in-house blade manufacturing. Emerging global player, particularly in offshore wind, competing with LM-supplied Western OEMs in Asian and emerging markets. Increasingly relevant for offshore scale.
• Envision Energy: Chinese-headquartered wind turbine OEM with integrated smart-energy and blade manufacturing operations. Comparable to LM as a tier-1 blade-and-turbine supplier with global ambitions, particularly relevant in Asia and emerging offshore markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LMWindPower
• YouTubeyoutube.com/user/0LMWindPower
• Facebookfacebook.com/LMWindPower
• LinkedInlinkedin.com/company/lm-wind-power
• Instagraminstagram.com/lmwindpower

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LM Wind Power