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LM Wind Power loses over DKK 2.6bn

Energy Watch · last updated

The annual operating deficit continues to grow at LM Wind Power. The Danish rotor blade producer, owned by US wind turbine manufacturer GE Vernova, lost more than DKK 2.6bn (EUR 348.4m) last year. This is almost a quarter more than the approximately DKK 2.1bn that the imperiled subsupplier made in revenue, shows LM Wind Power’s annual report published late Tuesday.

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