UTC takeover looms for Clipper Windpower

By Stephen Nellis  /  Monday, October 11th, 2010  /  Technology, Top Stories  /  Comments Off on UTC takeover looms for Clipper Windpower

After rocky sales timing put Clipper Windpower in a cash crunch, its largest investor is in position to take control of the Carpinteria company just as its long-term prospects brighten. In December, multinational conglomerate United Technologies Corp. acquired a 49.5 percent stake in Clipper in a transaction that pumped $206  million in new capital into the Read More →