28 October 2016
Horten has acted as General Electric's Danish lawyer in General Electric's acquisition of LM Wind Power, a Denmark-based manufacturer and supplier of rotor blades to the wind industry, for $1.65 billion (€1.5 billion).
The deal in-sources wind turbine blade design and manufacturing for General Electric’s Renewable Energy business, improving its ability to increase energy output and create value for onshore and offshore customers. The transaction is subject to customary regulatory and governmental approvals. The Horten team was led by Partner Jacob Kornerup.