Carpinteria-based Clipper Windpower faces a $60 million lawsuit from a wind farm developer shortly after it laid off 174 people. First Wind Energy, a Boston-based wind farm developer with projects in New York, Hawaii and several other states, filed suit on Sept. 4 in Santa Barbara County Superior Court. Most of the complaint is sealed. Read More →
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
By Staff Report / Wednesday, August 8th, 2012 / Latest news / Comments Off on UTC unloads Clipper to private equity firm
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
The fate of Carpinteria-based Clipper Windpower and roughly 200 South Coast jobs hang in the balance after owner United Technologies Corp. abruptly disclosed plans to sell the turbine maker. A top official for United Technologies Corp. called the 2010 acquisition of Clipper a “mistake” on a call with Wall Street analysts. Indeed, the Clipper acquisition Read More →