TPI Composites Announces Agreement to Divest Automotive Business Unit as a Part of Continued Focus on Wind

June 17, 2024

https://www.globenewswire.com/news-release/2024/06/17/2899993/0/en/TPI-Composites-Announces-Agreement-to-Divest-Automotive-Business-Unit-as-a-Part-of-Continued-Focus-on-Wind.html

SCOTTSDALE, Ariz., June 17, 2024 (GLOBE NEWSWIRE) — TPI Composites, Inc., (TPI) (Nasdaq:TPIC) announced it has entered into a definitive agreement to divest its automotive business to Clear Creek Investments, LLC (CCI), a dedicated innovation and sustainability investor with a focus on deploying capital in companies driving climate solutions and climate resiliency throughout the energy, water, and food value chains.

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