Wind Power Holdings Aims to Raise $45M

10/23/09

[Corrected 3:35 p.m 10/23/09] Wind Power Holdings, the parent company of Barre, VT-based wind turbine developer Northern Power Systems, intends to raise $45 million in a new private equity offering, according to regulatory documents filed October 21. [A previous version of this news brief stated that the company had already raised the funds; in fact the regulatory filing merely states its intention to do so.] We profiled Northern Power Systems, which raised more than $50 million last year from Boston-based venture firm RockPort Capital Partners and New York investment bank Allen & Company, in June.

Wade Roush is Chief Correspondent and Editor At Large at Xconomy. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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