Broadwind Announces Strategic Exit From Wind Market With Sale of Abilene Facility, Pivots to Become Pure-Play Precision Manufacturer Supporting Power Generation and Critical Infrastructure Markets; and Withdraws 2026 Financial Guidance
Broadwind is selling its Abilene, Texas facility to IES Infrastructure for up to $19.5 million, marking a complete exit from the wind tower manufacturing business to focus on power generation and critical infrastructure. The divested facility generated $56.3 million in revenue and $9.7 million in adjusted EBITDA during 2025; the transaction includes a short-term leaseback to transition existing orders.
Key figures
- Guidance
- withdraws full-year 2026 financial guidance
- Deal Value Usd
- 19500000
- Wind operations revenue
- $56.3 million
- Wind operations adj ebitda
- $9.7 million
- Net operating loss carryforwards
- almost $300 million
AI analysis
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