The transaction is expected to close soon, subject to certain pre-completion conditions.
The facility will provide rotor hub testing for new GE turbines and continue to offer blade and other testing, digital tools, research and similar services to the wider wind industry in the Netherlands and elsewhere.
LM Wind Power plans to expand and develop the facility over time. The 23 current employees, highly-qualified experts in composites and rotor blade testing, will be retained to help grow the business.
LM Wind Power has a growing presence in the Netherlands. It has its global management office at World Trade Centre, Schiphol, with 44 employees, and a research facility in Heerhugowaard with 40 employees.
“The acquisition of the WMC wind turbine blade test facility in Wieringerwerf secures a promising future for the 23 employees and ensures growth and opportunity for this important Dutch facility,” states Aart van der Pal, Chairman of the Board of WMC. “We look forward to playing a key role in the future developments of advanced wind turbine rotor blades.”
“The new test facilities will further contribute to LM Wind Power’s research and development capabilities for the design and manufacture of advanced wind turbine blades and other components,” adds Duncan Berry, CEO of LM Wind Power. “We are delighted to retain the talented existing workforce and supplement LM Wind Power and GE’s growing presence in a strategic green industry in the Netherlands. These are valuable, senior, technical jobs and we provide employment to a significant and increasing number of graduates and post graduates from the best Dutch Universities including Delft, Twente, Eindhoven and Amsterdam.”
LM Wind Power was acquired by GE in April 2017.