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GE Completes Acquisition of LM Wind Power

April 21, 2017

GE announced it has completed the acquisition of LM Wind Power, a Denmark-based developer and manufacturer of rotor blades for wind turbines.

The merger, which received approval in the European Union, the United States, China and Brazil, is valued at $1.65 billion. Now, GE’s Renewable Energy business brings wind turbine blade design and manufacturing in-house, which the company says will improve its ability to increase energy output and create value for customers.

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