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

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

North Sea floating offshore wind project tipped to create over 1,000 jobs

'An incredibly divisive topic': Cornwall Insight warns switch to zonal pricing unlikely to be achieved before 2030

More on Technology

How Oceanium is creating food, skincare products, and ink from regeneratively farmed seaweed
Technology

How Oceanium is creating food, skincare products, and ink from regeneratively farmed seaweed

Oceanium CEO and co-founder Karen Scofield Seal explains why emerging seaweed markets could become a multi-billion-pound opportunity and an 'invaluable tool' in the fight against climate change

Stuart Stone
Stuart Stone
clock 11 May 2025 • 7 min read
Iberdrola agrees to sell UK smart meter business to Macquarie in £900m deal
Technology

Iberdrola agrees to sell UK smart meter business to Macquarie in £900m deal

Deal would see Australian investment giant acquire SP Smart Meter Assets Limited, taking over management of 2.7 million metres

James Murray
James Murray
clock 09 May 2025 • 2 min read
Role of climate tech in the drive to reach net zero
Technology

Role of climate tech in the drive to reach net zero

Start-ups don't just need finance, they need an integrated support model throughout the journey from idea to exit, writes Andrew Wordsworth, co-founder and managing partner of Sustainable Ventures, a sponsor of the UK Green Business Awards 2025

Andrew Wordsworth, Sustainable Ventures
clock 08 May 2025 • 5 min read