UTC breezes in to secure Clipper's future

James S Murray
clock • 2 min read

As GE secures $1.4bn deal with world's largest wind farm project, United Technologies buys its way ionto the wind energy sector

US engineering giant United Technology Corporation (UTC) has bought its way into the booming global wind energy market for the first time, shelling out £126m today to acquire a 49.5 per cent stake in Clipper...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

'The world has changed': Financing for low carbon industrial projects doubles

'The world has changed': Financing for low carbon industrial projects doubles

Mission Possible initiative reveals how pipeline for innovative clean industrial projects is accelerating, as companies and governments look to reduce exposure to fossil fuel imports

James Murray
clock 08 June 2026 • 3 min read
UN scientists call for responsible AI ecosystem to tackle technology's growing footprint

UN scientists call for responsible AI ecosystem to tackle technology's growing footprint

Governments urged to better integrate AI infrastructure into energy planning, water governance, and land-use permitting rules

clock 04 June 2026 • 3 min read
UK climate tech firms have raised over $7bn since 2023

UK climate tech firms have raised over $7bn since 2023

Venture capitalists continue to build out climate tech portfolios, but exit routes remain elusive

James Murray
clock 03 June 2026 • 3 min read