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On April 20, General Electric (GE) announced that its purchase and sale of LM Wind Energy has been approved by the relevant supervision departments of the European Union, american, China and Brazil. After the purchase is completed, LM Feng can continue to operate as an independent business department within the group of GE, and is mainly supplied to the design and manufacturing of onshore and offshore air fences. The products will continue to be targeted at all enterprises in the industry. daddy‘s business performance will be in GE’s financial expenditure in 2018.
Manila escortGE Renewable Dynamics Group President and Chief Executive Officer Pei Kes
GE Renewable Dynamics Group President and Chief Executive Officer Pei Kes
GE Renewable Dynamics Group President and Chief Executive Officer Pei Kes said: “River is the fastest growing industry block in the power generation field. The completion of the acquisition of LM wind energy will help us further operational effectiveness and increase our business. Manila supplies support. With the relevant technology that LM wind can in the leaf manufacturing field, we can further improve the overall performance of GE wind power generators, reduce the power generation cost, and provide services to customers. More valuable. “
Headquartered in DenmarkManila escortLM Winter is the largest manufacturer of wind blades in the world, and is also the world’s unique technology integration of leaf design and production. In 2001, British private equity firm Doutty Hanson has been the leader in LM Feng Energy. In 2016, LM Feng Energy was attracted by the industry for its release of the world’s longest wind blade of 88.4 meters. Today, the company includes Denmark, Spain, Poland, Canada, american, India and so on. A country and region owns its own factory.
One episode is one of the most serious people. Although her appearance and female LM Fengeng Chief Executive Officer Mark Delong said: “LM Fengengeng and GE are partners together for a long time. They have achieved a series of innovative results and business achievements. The two families are href=”https://philippines-sugar.net/”>Escort manila‘s corporate mutual complementarity. After the purchase is completed, it will be able to integrate the advantages of both parties and advance the product capabilities to create greater value for customers. ”
According to the previous report released by Bloomberg New Power Finance, in previous years, GSugar babyE was 6.Pinay escort5 GW of new equipment ranks second in the world’s top-level wind turbine manufacturers, and its market coverage has also increased from 14 countries and regions to 21. However, GE ranked only sixth in the global offshore wind turbine manufacturer rankings, with a total number of 30 MW.
After purchasing Alstone’s wind business, Sugar babyGE has always been seeking to improve the power of wind, especially offshore wind business. October 2016GE finally reached an agreement with Doughty Sugar babyHanson to purchase the latter’s LM Wind Energy Company for a price of US$1.65 billion.
After purchasing LM wind energy, GE Renewable Dynamics Group will strengthen its fan leaf design, manufacturing, and power transmission capabilities, and the company will continue to deepen and expand its comprehensive strength in the renewable dynamics field.
The reporter said: Can GE kill a piece of Liuhe in the Sugar daddy‘s wind market?
From Alstone to Beck Hughes, and to the current LM Feng Energy, GE has “settled three cities” in the power field in three years, and has achieved “grabbing both hands” of electricity and oil.
GE is a company on the list of Pinay escortDoyce Industrial Index established, and is still on the list. baby’s $1.65 billion purchase price may be “very small” to it, but the expansion of the wind business with LM Feng Energy is “very important”.
GE Renewable Dynamics Group’s revenue performance in the first quarter of this year showed that risk business expenditure has become the strongest driving force for its revenue growth, with the year-on-year increase of up to 90%. However, GE’s wind business has been “lame” for a long time. In the upper-level wind field, GE has almost no enemy power, and is second only to the wind giant Vistas in the rankings of major air machine manufacturers, and tightness occupies the position of the Asian army; but in the rising sea wind field, GE has almost all opened outside the five.
In order to replenish “shortcoming”, GE acquired Alstone in 2015 and won the long-awaited marine wind and hydropower business. However, before it could “disinfect” it, Ximen, the most competitive opponent and the number “maritime wind overlord”, “bringed a military”——The company successively won the performance of the mainland’s upper-selling business, creating sufficient drama. For several days, the Spanish company Gemei and its joint venture company Adwen were not known. Faced with such fierce competition, GE had to continue to look at LM styles that were good at designing and manufacturing long-term air-conditioning.
Sugar daddyLM style is undoubtedly a good choice for GE’s perfect wind business chain. The company is originally the largest leaf film supplier of GE Wind. Both parties have worked together for a long time and have a tacit understanding. LM Fengneng has previously had a lot of resources, Adwen and Ximen. The company Sugar baby once created the world’s longest-style leaf for the former, and also provided leaf for the latter’s new model.
In addition, LM Feng not only has factories and market share in mature markets such as Denmark, Spain, Canada, and american, but also has strong participation in new markets such as India, China and Brazil. Packing LM wind energy expenditure will undoubtedly help GE to extend its risk sector industry and reduce costs, while also making a step forward for GE to open Europe, the United States and new markets in Europe and the United States. In my book, Ye Qiuli rarely appears after this, and it is beneficial to a light night. At the same time, “strengthening the offshore wind market” is also one of the strategic points of LMSugar daddy‘s strategic focus, which is undoubtedly the downturn.
Anyway, for the traditional giant GE in the manufacturing field, although renewable power business spending accounts for less than 10% of its internal share, it is nearly Sugar daddy has been one of its business boards that have been growing strongly since 2019. The wind power is the bulging department. Pinay escortSugar baby.With Alstone and LM Wines, can GE win a piece of its own in the killing of the wind power market? It’s worth waiting for.
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