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United Technologies completes Clipper Windpower transaction


Published on 2012-08-07 11:15:50 - Market Wire
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United Technologies completes Clipper Windpower transaction -- HARTFORD, Conn., Aug. 7, 2012 /PRNewswire/ --

United Technologies completes Clipper Windpower transaction

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HARTFORD, Conn., Aug. 7, 2012 /PRNewswire/ -- United Technologies Corp. (NYSE: [ UTX ]) announced Tuesday that it has completed the divestiture of its Clipper Windpower unit to Platinum Equity.

UTC announced in March that it was moving Clipper into discontinued operations in anticipation of a transaction. Terms of the agreement were not disclosed.

United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries.

Contact: 

John Moran, UTC


(860) 728-7062

UTC-IR

 

SOURCE United Technologies Corp.



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