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Windtech International November December 2024 issue

 

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TPI Composites (TPI) announced it has entered into a definitive agreement to divest its automotive business to Clear Creek Investments (CCI).
 
As part of the divestiture transaction, TPI will sell its automotive subsidiary to CCI, which will be renamed Senvias. The transaction is expected to close on 30 June 2024. Going forward, TPI will focus solely on the wind energy industry.
 
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