CWP Clipper Reg S

 

TIDMCWP 
 
RNS Number : 3718X 
Clipper Windpower Plc 
13 August 2009 
 

CLIPPER WINDPOWER PLC 
CLIPPER LIBERTY WIND TURBINE PROJECTS RECEIVE DEBT FINANCING 
 
 
London, (UK), Carpinteria, CA (USA) - August 13, 2009. Clipper Windpower Plc 
("Clipper") today announced that two wind energy projects comprising Clipper 2.5 
MW Liberty wind turbines were among projects for which $191 million of financing 
was announced by First Wind on July 21, 2009. 
 
 
An independent developer and operator of wind power in the U.S. and one of 
Clipper's long standing customers, First Wind, obtained debt financing for three 
projects which total 202 MW of which Clipper turbines comprise 145 MW. Proceeds 
from the financing transactions will be used by First Wind to further their 
development activity and for general corporate purposes. 
 
 
"This transaction is among the first financings supported by Liberty wind 
turbines," said Doug Pertz, President and Chief Executive Officer of Clipper. 
"Considering this funding was obtained in the midst of a significant downturn 
throughout the world's credit markets, we view this financing as an indication 
of growing acceptance and confidence in the Liberty wind turbine design." 
 
 
First Wind attained financing for its Milford wind energy project in Utah 
earlier this year. The project, which includes 58 Liberty wind turbines, is the 
largest in the state at 203 MW.  Clipper's 2.5 MW Liberty is the largest wind 
turbine built in the United States, and comprises over 50% U.S. content - more 
than any other utility-scale wind turbine currently deployed in the U.S.  First 
serially manufactured in early 2007, the Liberty fleet is deployed in 17 
projects throughout the U.S., with a total of more than 375 turbines, 
representing over 938 MW currently in operation. 
 
 
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About Clipper 
 
 
Clipper Windpower Plc, www.clipperwind.com, is a company engaged in wind energy 
technology, turbine manufacturing, and wind project development.  The Company 
designs advanced wind turbines, manufactures its 2.5 MW Liberty wind turbine, 
and actively develops wind power generating projects in the Americas and Europe. 
Clipper's primary offices are in the United Kingdom and in California, USA. The 
Company's 330,000 square foot manufacturing and assembly facility, located in 
Cedar Rapids, Iowa, is ISO9001:2000 QMS Certified.   Clipper is a public company 
listed on the London Stock Exchange's Alternative Investment Market (AIM). 
Clipper's ticker symbol is CWP. 
 
 
The ordinary shares of Clipper Windpower Plc are traded on the Alternative 
Investment Market of the London Stock Exchange and are not registered under the 
U.S. Securities Act of 1933, as amended. Such shares may not be offered or sold 
to residents of the United States or to persons acting on their behalf, or to 
other persons who are "United States Persons" within the meaning of Regulation S 
as promulgated under the Securities Act of 1933, unless such shares have been 
registered under the Securities Act or there is an available exemption from 
registration. 
 
 
## 
For further information, please contact: 
Investors: 
 Jenny Matthews 
 Investor Relations Director 
 +44 (0)20 7820 
1078 
Business & Trade Press: 
Mary Gates 
Director, Global Communications 
Clipper Windpower, Inc. 
+1 661 301 0400 
JPMorgan Cazenove (Nominated Adviser and Corporate Broker to Clipper): 
 
 Patrick Magee 
 +44 (0)207 588 2828 
Financial Press: 
 Patrick d'Ancona or Charlotte Kirkham 
 M: 
Communications 
 +44 (0)20 7153 1547 / 1531 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 TSTIIFLITDIVLIA 
 

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