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ROBERT GATES JOINS CLIPPER WINDPOWER TO HEAD U.S. SALES
CARPINTERIA, CALIFORNIA March 31, 2006 Clipper Windpower (AIM: CWP) today announced that Robert Gates has joined the Company’s management team as Senior Vice President of Commercial Operations to lead its wind turbine sales for North America.
Since 2002, Gates has served in a senior position within GE Energy’s wind energy segment, with responsibilities spanning wind power project development, wind turbine sales, and related activities in finance, regulatory, construction and operations. During 2005, led by Gates, GE’s U.S. wind energy sales group finished the year with over 50% of U.S. industry sales. Over his tenure, Gates’ accomplishments include management responsibility for wind energy transactions in excess of 4,000 megawatts of wind turbine capacity.
Gates’ leadership in the global wind industry extends from the pioneering era in the early 1980’s, where, as a principal and senior manager of Zond Systems, the Company grew to become a leading wind power project developer and wind turbine manufacturer. Gates’ senior management role continued through the Enron acquisition of Zond in 1997 and the subsequent acquisition of the company’s wind turbine technology by GE in 2002.
Gates served as president of the American Wind Energy Association in 1999 and is currently the organization’s president-elect for 2007.
About Clipper Windpower
Clipper Windpower, www.clipperwind.com, is a rapidly growing wind energy technology, turbine manufacturing, and wind project development company. With offices in California, Colorado, Maryland, Mexico and the U.K., and ISO9001:2000 QMS Certified manufacturing and assembly facilities located in Cedar Rapids, Iowa, 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. In September 2005, Clipper completed a successful IPO on the London Stock Exchange's Alternative Investment Market (AIM). Clipper's ticker symbol is CWP.
The ordinary shares of Clipper Windpower 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.
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For more information contact:
Mary McCann-Gates
Director, Global Communications
Clipper Windpower Inc.
6305 Carpinteria Avenue, Suite 300
Carpinteria, CA 93013
(main) 805.690.3275
(direct) 805.576.1323
(fax) 805.899.1115
(mobile) 661.301.0400
mgates@clipperwind.com
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