Clipper Windpower Plc today announced that it has completed a sales agreement with a subsidiary of UPC Wind for the supply of 387.5 MW (155 units) of Clipper's 2.5 MW Liberty wind turbines for delivery between years 2009-2011.
Carpinteria, CA (PRWEB) January 29, 2008 -- Clipper Windpower Plc today announced that it has completed a sales agreement with a subsidiary of UPC Wind for the supply of 387.5 MW (155 units) of Clipper's 2.5 MW Liberty wind turbines for delivery between years 2009-2011.
Under the terms of the agreement, in addition to wind turbine supply, Clipper will provide wind turbine installation supervision, and operations and maintenance services for a period of five years. The wind turbines will be deployed by UPC Wind in projects the company plans to develop within the United States during the 2009-2011 timeframe. The wind turbines will be built at Clipper's 330,000 square foot manufacturing facility in Cedar Rapids, Iowa. Clipper's 2.5 MW Liberty machine is the largest wind turbine built in the United States.
About UPC Wind
UPC Wind, www.upcwind.com, engages in wind energy development, including financing, construction, operation and ownership of wind power generating facilities in North America where it is currently developing over 3,000 megawatts of wind power projects.
About Clipper Windpower
Clipper Windpower, www.clipperwind.com, is a rapidly growing company engaged in wind energy technology, turbine manufacturing, and wind project development. With offices in the United Kingdom, United States of America (California, Colorado, Iowa, and Maryland), Denmark, and Mexico and a ISO9001:2000 QMS Certified, 330,000 square foot manufacturing and assembly facility located in Cedar Rapids, Iowa, the company designs advanced wind turbines, manufactures its 2.5-MW Liberty wind turbine and actively develops wind power generating projects in the Americas and Europe. Clipper is a public company listed on the London Stock Exchange's Alternative Investment Market (AIM). Clipper's ticker symbol is CWP.
The ordinary shares of Clipper Windpower Plc are traded on the Alternative Investment Market of the London Stock Exchange and are not registered under the U.S. Securities Act of 1933, as amended. Such shares may not be offered or sold to residents of the United States or to persons acting on their behalf, or to other persons who are "United States Persons" within the meaning of Regulation S as promulgated under the Securities Act of 1933, unless such shares have been registered under the Securities Act or there is an available exemption from registration.
For more information contact:
Mary McCann-Gates - Director, Global Communications
Clipper Windpower, Inc.
6305 Carpinteria Avenue, Suite 300,
Carpinteria, CA 93013
805.690.3275 (main)
805.576.1323 (direct)
805.899.1115 (fax)
661.301.0400 (int'l mobile)
mmccann@clipperwind.com
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