Customer seeking to freeze Clipper Windpower assets, including Cedar Rapids factory

Nov 3, 2012 | Posted by: roboblogger | Full story: The Gazette

A major Clipper Windpower customer is seeking to freeze the recently sold company's assets - including its Cedar Rapids factory and equipment - to ensure it can pay a possible arbitration settlement.

Comments
1 - 3 of 3 Comments Last updated Nov 23, 2012
out of wind

Los Angeles, CA

#1 Nov 12, 2012
clipper is positioning for chapter in bankrupcy
to make more money
out of wind

Los Angeles, CA

#2 Nov 12, 2012
clipper is just positioning to make more money in tax wrightoffs and save there assets
Windman

Salinas, CA

#3 Nov 23, 2012
Not to worry...Clipper to be gone soon. No bank would loan the money to the developer to construct once they found out it would be Clipper turbines. Banks will loan on GE and Siemens and possibly one or two others like Acciona, Alstom, or Gamesa. Chinese turbines also suck.
RIP Clipper.

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