Platinum Equity
Mergers. Acquisitions. Operations.

Mergers. Acquisitions. Operations.

Clipper Windpower

Industrials · Corporate Divestiture · Acquired in August 2012

Provider of wind turbine components and services.

 
Clipper Windpower is a provider of wind turbine components and services with an installed base of more than 700.

KEY FACTS:

  • Total installed base of more than 700 Clipper turbines
  • Customer sites in the United States and Mexico
  • Manufacturing plant in Cedar Rapids, IA 

INITIATIVES:

  • Developed viable plan intended to ensure the long-term sustainability of the business
  • Shifted focus primarily to remediation and maintenance service of installed turbine base; Clipper also sells certain unique spare parts


updated 8/13