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Clipper sells 70 MW of Liberty wind turbines and Maryland project to Constellation Energy

Clipper Windpower Plc and its subsidiary Clipper Windpower Development Corporation have sold 28 Liberty 2.5 MW wind turbines totalling 70 MW, and its Maryland-based Criterion development project to Constellation Holdings Inc, a subsidiary of Constellation Energy Inc.

The Criterion wind power development, planned for construction in 2010, is expected to become Maryland’s first wind energy project.

Clipper will provide operation and maintenance services under a long-term agreement for the wind power project, and 24/7 operation oversight through Clipper’s Remote Maintenance and Diagnostic Center located at its Cedar Rapids, Iowa manufacturing facility.

The wind power project agreement is subject to completion of certain closing conditions, but is expected to close in the first quarter of 2010. The construction of the project is expected to commence in spring 2010, with completion anticipated in the autumn.

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