TPI Composites Inc. Finalizes Sale of Subsidiaries to XCS Composites, Closing Set for September 19, 2025

TPI Composites Inc. has announced the entry into a binding term sheet with XCS Composites L.L.C-FZ for the sale and transfer of its entire ownership interest in two subsidiaries, TPI Kompozit Kanat Sanayi ve Ticaret Anonim Şirketi and TPI Kompozit Kanat 2 Üretim Sanayi ve Ticaret Limited Şirketi. The transaction involves the assumption of the entire liability and debt position of the subsidiaries by the purchaser. The closing of the transaction is subject to certain conditions, and it is expected to occur by September 19, 2025. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TPI Composites Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-005740), on September 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here