UTC
says
it
“has
completed
the
divestiture
of
its
Clipper
Windpower
unit
to
Platinum
Equity”
after
announcing
in
March
that
it
planned
to
sell
the
US-based
wind
turbine
business.
The
terms
of
the
agreement
were
not
disclosed
by
UTC,
which
bought
Clipper
in
2010
for
a
reported
$430m.
Since
then
Clipper
and
its
2.5MW
Liberty
turbine
have
struggled
to
make
an
impact
in
a
market
dominated
by
pure-wind
rivals
such
as
Vestas,
and
global
industrial
groups
such
as
GE
and
Siemens.
It
has
also
shelved
its
highest-profile
initiative,
the
10MW
Britannia
offshore…
