Shares of TPI Composites surged to an all-time high on Friday after the US-based maker of wind-turbine blades said it’s close to securing a number of big deals and sees little obvious impact on its globally dispersed business from simmering trade tensions.
Shares of Arizona-based TPI, which makes blades for Vestas, Siemens Gamesa, GE, and other wind turbine OEMs, were up nearly 13% by midday Friday, pushing close to $26 – having more than doubled since the company’s initial public offering less than two years ago.
