-1.1 C
London
Monday, January 25, 2021

United Technologies Completes Clipper Windpower Acquisition

Popular Articles

United Technologies Corp. (NYSE:UTX) today announced that it has completed its purchase of Clipper Windpower Plc by acquiring all remaining shares, as previously announced

Clipper Windpower is a California-based company engaged in wind energy technology, turbine manufacturing, and wind project development. Its acquisition by UTC creates the long-term financial stability necessary for Clipper’s continued growth, while enabling Clipper to fully leverage UTC’s management capabilities, operational expertise and world-class technology in blades, turbines, and gearbox design

The acquisition also builds on UTC’s existing portfolio of energy efficient products and power generation systems that respond to the world’s growing demand for cleaner, more efficient products

Based in Hartford, Connecticut, UTC is a diversified company that provides high technology products and services to the building systems and aerospace industries.

- Advertisement -

More articles

Latest articles

- Advertisement -The Smarter E 2021