Wind turbine venture to be sold - Wisconsin

Move follows state's reduced interest in renewable energy
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A Wisconsin Rapids firm that sought to open a factory to make wind turbine blades will be sold after the project didn't pan out.
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The company lost $6 million in 2009 and another $4.9 million in 2010.

If the sale does not proceed, the company said it "may be required to file for bankruptcy protection," Energy Composites said in a filing with securities regulators.

The company's shares, traded over-the-counter, closed Friday at 40 cents.