Clipper Windpower Share Discussion Threads

[barefoot1] 16/7/2006 21:14

Hope yoo dont mind me posting but it may be worth keeping an eye on D1 Oils (DOO)...rumours in the paper the last couple of weeks that they are in talks to doo a joint venture with BP as well....they are a biodiesel co.....the share price has gone down since initial reports but this deal with Clipper seems to bring some credence to the rumours and should silence some critics who thought BP were too big to join a smaller company.....the rns has been posted on the DOO thread so should help to bring more interest here as well....i will be buying tommorrow....Good Luck :0)

[abcd1234] 16/7/2006 11:40

I started the thread on iii at the end of Nov, and top sliced a % on each pull back all the way up until eventually I had no stock left... I missed the top few % alas, but was happy to have ridden it up.

Always felt the drop was overdone as rumours in the energy sector were always CWP was signing a big name (and courted by others) who would take them out, or take a large stake & order. So I am happy to have bought back in

have u access to that FT piece??
t.i.a.

[stegrego] 16/7/2006 11:24

To say i stated this thread i dont actually hold as i always thought the price was running away - then when it started to drop i was wary of it going like SIT so didnt put in yet again...

Id like to get in on monday but i think the mark up may be huge and usually when i chase shares to get in it drops quickly from that high.

Also i really really hate it when you cant actually buy any shares online or otherwise - which will probably be the case come monday am....

[abcd1234] 16/7/2006 10:15

This write-up in the Sunday Telegraph




Fair wind for Clipper
By Sylvia Pfeifer, Deputy City Editor
16/07/2006


You have to hand it to Lord Moynihan. On Friday the former Olympic rowing cox turned Conservative minister for energy clinched the largest ever wind energy deal. Clipper Windpower, of which he is chairman of Europe, signed a five-year supply and development deal with BP.

For the oil giant, it is a significant deal and the first major investment in wind power since it launched an Alternative Energy division last year. For Clipper it is a company-transforming deal that could be worth around $4bn.

Under the terms of the agreement, BP is paying for a 50 per cent interest in five development projects in the US, which have an anticipated total generating capacity of 2,015MW. BP has also secured a mix of firm and contingent orders of up to 2,250MW of additional Clipper turbines. The oil company has also bought a five-year share option for a 10 per cent equity interest in Clipper at 377p a share.

Coming in the same week that the UK Government published its Energy Review, Moynihan's timing could not have been better. In some ways, he laid the foundations for his own success: as energy minister in the early 1990s, he was instrumental in the introduction of the Non-Fossil Fuel Obligation, the predecessor to the current Renewables Obligation and the first time that the Government put any kind of support behind renewables.

That thought - plus the fact that Moynihan's 2 per cent stake is now worth considerably more after shares in Clipper soared by 28 per cent on the news - must make the deal all the sweeter.


The Sunday Telegraph
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

[abcd1234] 16/7/2006 10:09

There is an article in the weekend FT, but I can't paste it as I'm not a subscriber, and can't get hold of a copy as I'm not in the UK at the mo. Would be grateful if someone could paste the article, (or if u have a paper copy of the weekend FT u could paste up what it says). Ta



Clipper Windpower shares up 30% after US windfarm deal with BP
By Fiona Harvey
Weekend FT


Shares in Clipper Windpower jumped by nearly 30 per cent yesterday after the Aim-listed wind turbine company signed a deal with BP to jointly develop five windfarms in the US.

Under the terms of the deal, BP has also taken an option to acquire an equity stake of up to 10 per cent in Clipper at 377p per share.

###############################
The rest of this article is for FT.com subscribers only
##############################

[abcd1234] 15/7/2006 09:53

The Times July 15, 2006

Stock markets


Clipper sails upwards after wind energy joint venture with BP
By Nick Hasell



CLIPPER WINDPOWER staged a late-session surge of nearly 29 per cent on unveiling a wind energy joint venture with BP valued at more than $4 billion (£2.2 billion).
The California-based Clipper, which is chaired by Lord Moynihan, the former Olympic rowing cox turned Conservative Minister for Sport, has maintained a healthy premium to its 190p issue price since joining the Alternative Investment Market last September. But that premium was sharply extended in the final half-hour of trading on the disclosure of a tie-up with BP Alternative Energy.



Under the deal, BP and Clipper will jointly develop five of the latter's projects in New York, Texas and South Dakota. Although neither party disclosed the size of the deal, current pricing in the renewables sector - where one megawatt of generating capacity costs $1 million - suggested a headline valution of the 4,265-megawatt project at more than $4 billion. Clipper followers were also encouraged that BP has acquired a five-year option over 10 per cent of its equity at 377p. With analysts describing the deal as transformational, Clipper jumped 80½p to 362½p

[abcd1234] 15/7/2006 09:47

Lots of v positive write-ups today, including this article for example in The Independent


BP makes major investment in wind power
By Philip Thornton
15 July 2006


BP is making its first major investment in wind power with a joint venture that will lead to an exponential expansion of its generating capacity.

The oil giant said yesterday it had entered a five-year supply and development agreement involving five wind energy projects in the US with Clipper Windpower.

The news sent Clipper shares up 80p, or 28 per cent, to 362.5p in London. The projects, with an anticipated total generating capacity of 2,015 megawatts, are situated in New York, Texas and South Dakota.

BP has also secured a mix of firm and contingent orders of up to 2,250 megawatts of additional Clipper turbines in its global wind portfolio, the companies said.

BP launched an Alternative Energy division to focus on solar, hydrogen and wind power but its wind operation was confined to two projects with a combined output of 31 megawatts.

Steve Westwell, the chief executive of BP Alternative Energy, said: "We believe the Clipper turbine is a breakthrough in reducing the total cost of renewable energy and we are pleased to be the first large customers for this innovative technology."

James Dehlsen, the chief executive of Clipper Windpower, said it may be able to announce further orders at its shareholder extraordinary meeting.

The announcement, which came in the same week that the UK Government published its Energy Review, is thought to be the biggest single investment in wind power.

According to an industry benchmark, it is understood that it takes $1m (£540m) of investment to produce a megawatt of windpower. On that scale, yesterday's project could be valued at $4bn, although BP declined to comment.

As part of the long-term turbine supply agreement, BP Alternative Energy has committed to the purchase of 100 megawatts of Liberty turbines in 2007 and 200 megawatts in 2008 which it will use on other projects in BP's global wind business.

These orders represent the initial firm deliveries under the long-term supply agreement for up to 900 Liberty turbines over the next five years.

BP said that in recognition of the long-term strategic relationship between the two companies, it had acquired a five-year share option for a 10 per cent equity interest at 377p a share in Clipper.

BP is making its first major investment in wind power with a joint venture that will lead to an exponential expansion of its generating capacity.

The oil giant said yesterday it had entered a five-year supply and development agreement involving five wind energy projects in the US with Clipper Windpower.

The news sent Clipper shares up 80p, or 28 per cent, to 362.5p in London. The projects, with an anticipated total generating capacity of 2,015 megawatts, are situated in New York, Texas and South Dakota.

BP has also secured a mix of firm and contingent orders of up to 2,250 megawatts of additional Clipper turbines in its global wind portfolio, the companies said.

BP launched an Alternative Energy division to focus on solar, hydrogen and wind power but its wind operation was confined to two projects with a combined output of 31 megawatts.

Steve Westwell, the chief executive of BP Alternative Energy, said: "We believe the Clipper turbine is a breakthrough in reducing the total cost of renewable energy and we are pleased to be the first large customers for this innovative technology."
James Dehlsen, the chief executive of Clipper Windpower, said it may be able to announce further orders at its shareholder extraordinary meeting.

The announcement, which came in the same week that the UK Government published its Energy Review, is thought to be the biggest single investment in wind power.

According to an industry benchmark, it is understood that it takes $1m (£540m) of investment to produce a megawatt of windpower. On that scale, yesterday's project could be valued at $4bn, although BP declined to comment.

As part of the long-term turbine supply agreement, BP Alternative Energy has committed to the purchase of 100 megawatts of Liberty turbines in 2007 and 200 megawatts in 2008 which it will use on other projects in BP's global wind business.

These orders represent the initial firm deliveries under the long-term supply agreement for up to 900 Liberty turbines over the next five years.

BP said that in recognition of the long-term strategic relationship between the two companies, it had acquired a five-year share option for a 10 per cent equity interest at 377p a share in Clipper.

[slapdash] 14/7/2006 23:58

yup closed.... spoke too soon today about making money on this.... then busted out this afternoon.... stop was at about 328p and was a guaranteed stop... Slap

[volsung] 14/7/2006 23:47

lol slapdash. Closed your short?

[abcd1234] 14/7/2006 19:08

Hmmm.....

I like that Buy of 100,000 shares after the bell at 375p

[abcd1234] 14/7/2006 16:34

wow, thats some deal they struck

rose all the way to final bell :O))

[slapdash] 14/7/2006 16:31

darn ... maybe they do have the best wind turbine....


Slapper

[slapdash] 14/7/2006 08:26

my short here is working out very nicely indeed...

Slapper

[slapdash] 30/6/2006 15:42

Institutions bailing out

RNS Number:4344F
Clipper Windpower PLC
30 June 2006

Company: Clipper Windpower Plc

Headline: Holding(s) in Company

Released: 30 June 2006




Clipper Windpower Plc ("the Company")


Disclosure of Notifiable Interest in Shares


Clipper Windpower Plc "the Company" has been notified on 28 June 2006, that as
of 27 June 2006, Deutsche Bank AG, and its subsidiary companies no longer had a
notifiable interest in the 10p ordinary shares of Clipper Windpower Plc.


This information is provided by RNS
The company news service from the London Stock Exchange
END

HOLWUURPQUPQUGU

[slapdash] 30/6/2006 11:06

SIT crashed today... probably only a matter of time until CWP does the same

Slap

[kkringe] 29/6/2006 17:46

But does everyother punter have your insight? Is there more 'hot money' to pump this stock up? Are you cutting off your nose to spite your face? The trend is your friend (and other such glib stock market quips).

[slapdash] 29/6/2006 10:58

unconvincing pull back. I am short. This is an overvalued concept stock. How do you know they have the best wind turbine? because management have told you or believe they have? Give me a break management lie about everything and anything. These guys are up against GE and the German industrial Giants. Also alternative energy is a 'hot' sector which has attracted hot money. When that changes this will become seriously deflated.

I think it is worth a third of a billion sterling and hasn't even produced a single wind machine on its production line yet.

Slap

[123adv] 28/6/2006 13:05

this will now get back to £3+ where it belongs - good chart indicator

[saucepan] 21/4/2006 19:33

Hello to regulars on the thread; nice to see one or two familiar names. I went long on CWP a couple of days ago.

[gbb483] 02/4/2006 09:53

The market may not be all that it seems:

[moniq] 31/3/2006 16:58

Awsome stuff!

[affc21] 31/3/2006 16:55

Clipper Windpower slashes turbine forecasts
Fri 31 Mar 2006

LONDON (SHARECAST) - Wind turbine manufacturer Clipper Windpower was knocked off course today after it warned that delays in the manufacturing roll-out will hit turbine production this year.

As a result of broadening the product range and the certification process required, the production range is now expected to be 100-110 turbines for 2006 versus the 155 originally planned.

"Wind project development risk remains, and timing of turbine sales and the sell-down of development projects are difficult to forecast accurately," it said.

But Clipper still expects to meet its production target of 250 turbines in 2007.

The group reported a net loss for the year ended 31 December of $19.1m versus $3.9m a year ago, reflecting a big reduction in turnover to $2.7m from $10.4m.

It blamed the revenue slide on the sale of the Intrepid project in 2004, with no major development project sales recorded in 2005, while lower grant revenue last year from the US National Renewable Energy Laboratory also hurt.

Sales of projects and turbines are expected to step up in second quarter 2006, and the company reckons it has "reasonably good visibility for sales of Liberty turbines for all our projected turbine production well into 2007".

[wcjan25] 31/3/2006 15:44

LBO

wind companies have done this repeatedly - look at charts for vestas and gamesa and you will see consistently the same pattern - big run-ups with spikes down at earnings which always disappointed in some way. in the long run though, you would do well to buy on these dips imo