TPI Composites Inc

TPI Composites Inc is a holding company that conducts its business operations through its direct and indirect subsidiaries. The company, founded in 1968, has been producing composite wind blades since 2001 and is incorporated in Delaware. On August 11, 2025, TPI Composites Inc and certain subsidiaries filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas. The company is operating as a "debtor-in-possession" under court jurisdiction. On September 10, 2025, the company completed the sale and transfer of 100% of its ownership interests in its two Turkish subsidiaries, known as the Türkiye business. This transaction, approved by the Bankruptcy Court, included the sale of two wind blade manufacturing facilities and a field service inspection and repair business in Izmir, Türkiye, on an "as-is" basis, with the purchaser assuming all liabilities and debt of the Turkish subsidiaries. The Türkiye business previously represented the majority of the company's EMEA segment.