CS Wind, a wind tower and substructure company, has formally abandoned plans to restart its Lindø factory in Denmark and has begun subletting a 370,000 square meter site. Meanwhile, the Aalborg factory, located 200 kilometers to the north, continues to produce offshore wind substructures and is being repositioned as the group's core hub.
Danish regional media Norwiski reported on October 10 that Knud Bjarne Hansen, a board member of CS Wind Offshore, stated that the return to Lindø has definitively fallen through. This measure is part of a global supply chain reorganization to address near-term contraction in response to adjustments in North American offshore wind infrastructure investment.
Abandonment of Lindø factory restart and large-scale site subletting
CS Wind invested approximately 1.5 billion Danish kroner, or about 210.8 billion won, to build a monopile production facility, but halted operations due to global offshore wind market contraction and revocation of US projects. In the process, around 400 jobs were lost.
The company is recruiting new tenants for the site through a real estate advisory firm, combining a 42,500 square meter production hall and a 327,500 square meter storage yard for a total of 370,000 square meters. Consultant Knud Bjarne Hansen stated through Fyn that the company will not return to Lindø and that change would only occur under very exceptional circumstances.
The financial loss has already been reflected in prior year results. CS Offshore disclosed in its May 2025 results announcement that it recognized an impairment loss of 675 million Danish kroner, or about 94.8 billion won, related to the Lindø monopile production facility. This represents a decline in asset value resulting from project revocation in the US market and failure to secure new orders.
Aalborg factory elevated to core hub with order fulfillment
By contrast, the Aalborg facility has been designated as a core hub. The company invested 65 million Danish kroner, or about 9.1 billion won, in modernization and operational optimization of the Aalborg factory in 2025, and plans to invest an additional 50 million Danish kroner, or about 7 billion won, this year.
The Aalborg factory is focusing on transition piece production, which connects the seabed foundation and wind tower, rather than monopiles. The company successfully shipped its first transition piece for Germany's Vattenfall Nordlicht 1 project from Aalborg port in July. It has subsequently begun production of 44 units to supply the Nordlicht 2 project, maintaining its order pipeline.
However, Norwiski noted that Aalborg port is overly dependent on the wind industry, and that future order delays or revocations could expose the broader regional economy to risk.
The success of future subletting contracts for the idle Lindø site and additional European project orders for the Aalborg factory will be decisive for global profitability.
Original Korean article: g-enews.com
English brief by Korea Wind Intelligence, koreawindintel.com
