UTC Completes Sale Of Clipper Windpower To Private Equity Firm @NAWindpower @resilient_ent

United Technologies Corp. (UTC) has completed the sale of its Clipper Windpower unit to private equity firm Platinum Equity. The terms of the agreement were not disclosed. UTC announced in March that it was selling Clipper as part of its plan to buy Goodrich Corp. In July, the company received the final regulatory approvals related to that transaction. As part of the Goodrich acquisition, UTC is also divesting its Pratt & Whitney, Rocketdyne, Milton Roy, Sullair and Sundyne business units.

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