United Technologies Closes on Clipper Windpower Investment

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Closed its subscription and partial tender offer to acquire an aggregate 49.5 percent stake in Clipper Windpower Plc

HARTFORD, Conn. – United Technologies Corp. (NYSE:UTX) announced today it successfully closed its subscription and partial tender offer to acquire an aggregate 49.5 percent stake in Clipper Windpower Plc (CWP.L), a California-based wind turbine manufacturer that trades on the London Stock Exchange Alternative Investment Market.

United Technologies Corp., based in Hartford, Connecticut, is a diversified company that provides a broad range of high technology products and support services to the building systems and aerospace industries.

Source: UTC

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