DLA Piper has advised GE on its intent to purchase 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 GE’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 DLA Piper team was led by Corporate partners Jon Hayes and Ben Forgiel-Jenkins and senior associate Laura Marcelli.