Clipper Windpower Announces Sale of 200 MW of Liberty Wind Turbines To UPC Wind For Delivery In 2008
Clipper Windpower Plc today announced that it has completed a sales agreement with a subsidiary of UPC Wind for the supply of 200 MW of Clipper wind turbines to be delivered in 2008. Under the terms of the agreement, Clipper will deliver 80 of the company’s 2.5 MW Liberty wind turbines including wind turbine installation supervision, and provide operations and maintenance services for a period of five years. The wind turbines will be utilized by UPC Wind for projects the company plans to develop in the western U.S. during 2008
CARPINTERIA, CALIFORNIA (PRWEB) October 18, 2006 -- Clipper Windpower Plc today announced that it has completed a sales agreement with a subsidiary of UPC Wind for the supply of 200 MW of Clipper wind turbines to be delivered in 2008. Under the terms of the agreement, Clipper will deliver 80 of the company’s 2.5 MW Liberty wind turbines including wind turbine installation supervision, and provide operations and maintenance services for a period of five years. The wind turbines will be utilized by UPC Wind for projects the company plans to develop in the western U.S. during 2008
Today’s announcement is the third sales and service transaction completed during 2006 between Clipper and UPC Wind; including this contract, Clipper will supply a total of 345 MW of 2.5 MW Clipper wind turbines to UPC Wind for delivery in 2006, 2007 and 2008. The wind turbines will be built at Clipper’s 200,000 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.
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 California, Colorado, Maryland, Mexico and the U.K., and a ISO9001:2000 QMS Certified, 200,000 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
(main) 805.690.3275
(direct) 805.576.1323
(fax) 805.899.1115
(mobile) 661.301.0400
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