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CWP Clipper Reg S

65.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Clipper Windpower Investors - CWP

Clipper Windpower Investors - CWP

Share Name Share Symbol Market Stock Type
Clipper Reg S CWP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 65.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
65.00 65.00
more quote information »

Top Investor Posts

Top Posts
Posted at 26/4/2010 17:36 by gbb483
The sector's just been given a boost via Vesta.
Posted at 24/10/2009 15:21 by ed winchester
Wind Energy in Taiwan: SeaEnergy and TGC develop offshore windfarm projects

24 de octubre de 2009

A leading British renewable energy development company is planning to enter a partnership with a Taiwanese firm to further develop wind power in Taiwan, according to a recent newsletter published by the British Trade.

SeaEnergy PLC and Taiwan Generations Corporation (TGC) will sign a memorandum of understanding Oct. 27 to jointly develop offshore windfarm projects in Taiwan, the newsletter said.

"This joint project by SeaEnergy and TGC will be the first offshore windfarm collaboration between the U.K. and Taiwan, which also demonstrates the international and local business support for the government's policy," the BTCO said.

The British representative office was referring to the passage of a long-awaited renewable energy development statute that cleared the legislative floor June 12. The legislation lays down a legal framework for encouraging investment in renewable energy production and offering incentives to local consumers who install renewable energy equipment.

In addition to permitting state-run Taiwan Power Co. to buy electricity generated by private renewable energy investors, the bill also authorizes the government to take measures to expedite the development of renewable energy technologies.

According to the BTCO, SeaEnergy is the only listed offshore wind energy company in the U.K. and an expert in the field.

TGC, which is a leading local offshore windfarm development company and one of Taiwan's few energy project development firms, has conducted nearly 5 years of feasibility studies for a Changhua offshore windfarm project and has already secured 11 permits and approval from the central government and the local authorities.

TGC is attempting to establish a platform for international players to bring in resources and successful development experience that can help Taiwan meet the goal of renewable energy development and win global recognition in the field.

According to the Council for Economic Planning and Development (CEPD) , installed local wind power capacity in 2008 reached 358,000 kilowatts, making the country the world's 23rd-largest producer of wind power.

Under a new government policy to develop green energy, Taiwan aims to boost wind power capacity to 980,000 kilowatts by 2010, to 1.48 million kilowatts by 2015 and to 3 million kilowatts by 2025, the CEPD said.

Ramco Energy, the Aberdeen-based energy investment company, aims to become the UK's first publicly-quoted specialist offshore wind company.
Renamed SeaEnergy Plc, the company wants to be at the forefront of what it considers to be the UK's enormous potential for offshore wind opportunities.

Stephen Remp, executive chairman of Ramco Energy said: "The offshore wind opportunity is truly enormous, with over £130 billion of investment envisaged over the next 11 years through the Scottish and UK Offshore Rounds. The North Sea is once again opening up for development, this time driven by the global demand for clean energy, and SeaEnergy will be at the heart of this revolution."

Ramco has prior experience of offshore wind through its marine renewable subsidiary company, SeaEnergy Renewables Limited (SERL), which was launched in June 2008.

SERL conceived, developed and delivered the world's first deep water wind farm development, a 10 megawatt (MW) offshore wind farm dubbed the 'Beatrice Project'. It involved the installation of two of the largest wind turbines (5 MW each) ever deployed offshore, at water depths of 45 metres.

Ramco believes the skills and expertise developed in the Beatrice Project, along with its team's expertise in delivering deep water offshore developments in the oil and gas industry, will ensure that the new SeaEnergy company is in a strong position in the emerging offshore renewables industry.

"SeaEnergy's unique experience in the successful development of deep water offshore wind turbines – an industry first – is reflected in the quality of our partnerships already formed with major European utilities," said Remp.

Although Ramco is unsure how long it will take to exit all their other business interests, so far SeaEnergy has managed to secure a 25 per ent interest in two joint ventures to develop offshore wind farms with a total capacity of over 1800MW with partners Scottish & Southern Energy (Airtricity) and RWE AG (npower).

SeaEnergy PLC (formerly Ramco Energy plc) is an offshore wind development company, based in Aberdeen, Scotland. SeaEnergy is AIM listed under the ticker SEA.

In September 2009 the Board of Ramco Energy plc made the strategic decision to exit its oil & gas investments over time and focus purely on its offshore wind business. Shareholders ratified that decision at a General Meeting on 24 September, voting to change the company's name to SeaEnergy PLC.

SeaEnergy PLC, through its 80% subsidiary SeaEnergy Renewables Limited, has interests in two offshore wind farm sites, one in a joint venture with Airtricity and another with RWE npower.
Posted at 14/9/2009 10:37 by asparks
am I the only investor here?
Posted at 10/5/2009 16:09 by karldinnel
mentioned in Investors Chronicle
Posted at 08/5/2009 13:32 by nigelwestm
It's all to do with the 1933 US securities act and Reg D. You need to be a "sophisticated investor" to buy AIM shares if you are a US citizen. i.e. have millions on deposit. It's all about protecting Joe Sixpack, as well as widows and orphans, from investing in lightly-regulated markets like AIM.
Posted at 10/4/2008 08:08 by m.t.glass
Clipper Windpower
500p +22½p
Questor says: Buy

Finally, a ray of sunshine for Clipper Windpower, the Aim-listed supplier to the alternative energy industry that has been frustrated, if not beset, by supply problems.

Shares in the US-based maker of wind turbines have been on something of a roller-coaster ride in the past year, peaking above 900p late last May only to plummet to less than 480p within four months, before finishing the year above 700p.

In recent weeks they've been back in the doldrums again as investors continued to fret about the "strain on working capital" that prompted a £25m share issue last month.

Courtesy of private equity, though, the wind appears to be turning.

Word yesterday that One Equity Partners, the private equity arm of JP Morgan Chase, would pay £76m for a 12.3pc stake in the form of 15.8m new shares buoyed market sentiment: Clipper shares surged almost 5pc to finish the day at 500p.

The extra talent at the boardroom table - One Equity will nominate two directors under the deal - should prove positive. But the big plus is the cash.

Assuming Clipper shareholders back the deal next month, the extra capital will prove invaluable in equipping the group with new options to address the headaches of delayed and inferior parts supplies that have affected output.

One idea bandied about by analysts yesterday was that Clipper could take production of some components in-house, possibly buying out key suppliers.

Regardless, it puts to rest the issue of the "strain", giving Clipper more breathing space to nurture its business in what is a rapidly growing market. Much of its supply problems, after all, have been brought on by the growing demand for parts by competitors as wind power finally comes of age around the world.

Just this week E.ON announced plans for one of the largest ever windfarms in the UK with up to 80 turbines in the seas off the Humber Estuary. Renewable energy, and particularly wind energy, is here to stay. And with a healthier balance sheet, Clipper should be too.

Risks remain, but trading at 22 times 2009 forward earnings against a sector average of 24 times, the shares look appealing.


(Daily Telegraph, 10 April 2008)
Posted at 28/11/2007 12:38 by praipus
scburbs,

Looking at the graph I would think the legacy pricing issues are in the share price now and investors are waiting for the next set of results. The graph also displays an upside down head and shoulders indicating a reversal of the down trend from when the news hit.

In the meantime valuations for Wind Turbine builders march on.

I guess it depends on your outlook. Short, Medium or Long term and if you have to predict the future would you want to have shares in a Wind Trubine
Manufacturer or not and are the problems resolveable?

M&A in the sector is intense and shorting this IMHO is highly risky. Take a look at MTGlasses thread with the EPIC DOWN. It has a lot more appropriate "short's" listed IMHO.



CWP represents a buying opportunity and a way to benefit from global renewable energy demand, growth company status and potential M&A in a highly liquid and consolidating sector.
Posted at 07/9/2007 07:38 by typo56
I see Investors Chronicle tip CWP as a SELL today.

"Problems with component quality will cost it dear"
Posted at 29/6/2007 16:32 by sam66
Sorry Mick cant help you on that one
Disappointing drop today with the markets being up although advfn trades show 121 000 buys to 14000 sells I appreciate if investors don't want to pay full ask price this brings the price down but it seems very one sided!
Posted at 15/6/2007 11:50 by cockneyrebel
Mickconn 11

Fidelity.. 10%

Merrill .. 13% (unlucky for some)


This isn't these funds holding the shares, they hold them for other investors.

At the end of the day there's a huge alarm call about to hit investors in CWP imo
- floated nearly 2 years ago @ £2ish and in all that time they have had £3m in sales - still expensive at the float price imo

Cash burn at the next results is going to look dreadful imo.

CR

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