Wind Power Holdings Inc. Obtains $37,000,000 Series A Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2cb07025-9709-4348-8a45-41e58278dd69&Preview=1 -
Date
9/29/2008 -
Company Name
Wind Power Holdings Inc. -
Mailing Address
Undisclosed Barre, VT 05630 -
Company Description
Northern Power (owned by Wind Power Holdings) has been delivering innovative wind energy solutions in a changing landscape for over 34 years. The company’s commitment to performance, reliability and cutting-edge technology has made it a wind industry leader. From Alaska to Malaysia, our installed base of turbines has logged almost two million kilowatt-hours of production to date. Trust your renewable energy needs in Northern Power’s hands—our designs will create your solutions. -
Website
http://www.northernpower.com -
Transaction Type
Venture Equity -
Transaction Amount
$37,000,000 -
Transaction Round
Series A -
Proceeds Purposes
It will also help us expedite the ongoing development of our 2.2 MW permanent magnet direct drive wind turbine to support the fast-growing commercial-scale wind farm market. -
M&A Terms
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Venture Investor
Rockport Capital Partners -
Venture Investor
Allen & Company, LLC
