United Technologies Corp. (UTC) 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.