GE’s $1.65bn agreement to acquire the Danish blade specialist has raised questions over the US industrial giant’s own procurement strategy, and over LM’s own relationship with other manufacturers.
The US group stressed that it plans to run LM as a standalone unit, which Macquarie said in a new research note would mean limited immediate impact to OEM users of its blades such as Siemens, Gamesa and Nordex.
“However,
