Wind Power Holdings Inc. Obtains $37,000,000 Series A Funding Round

  • Feed Type
  • 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
  • Venture Investor
    Rockport Capital Partners
  • Venture Investor
    Allen & Company, LLC

Trending on Xconomy