Tuesday, June 29, 2010

Clipper Windpower appoints new chief executive from US backer

By Rowena Mason 600AM GMT 10 March 2010

Clipper Windpower appoints new arch senior manager from US backer Clipper was one of the greatest flotations on London"s AIM marketplace in 2005 and was at that time corroborated by Sir Anthony Hopkins (above) and former Conservative sports apportion Colin Moynihan.

Mauricio Quintana, who becomes new boss and arch executive, was a executive at United Technologies Corporation, a $68bn (�43bn) US organisation that took a 49.5pc interest in the London-listed association late last year.

The vacating arch executive, Doug Pertz, quiescent after eighteen months in the purpose and the company.

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Sources close to Clipper pronounced the shift at the tip reflects a "new era" for the organisation underneath United Technologies.

Clipper was one of the greatest flotations on London"s AIM marketplace in 2005 and was at that time corroborated by Sir Anthony Hopkins and former Conservative sports apportion Colin Moynihan.

But it has struggled with fewer turbine orders during the retrogression and yesterday pronounced that it expects to have a second-half loss around the same turn as the initial half figure of $120m.

The association was last year since a �4m accede to by Ed Miliband"s Department for Energy and Climate Change to account a bureau creation hulk turbines in the North-East. Earlier this week, the association reliable it wants to pull forward with the plans to make the world"s largest blades for the turbines. Clipper has a large series of breeze farms in the US but hopes to supply some-more turbines in the UK for the flourishing offshore market.

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