Wind Power Holdings snags $37M for wind turbines
As the rest of the economy tanks, the cleantech sector has remained buoyant, with investors continuing to dump cash into wind, solar and other renewable energies. Banking on a recent wave of enthusiasm for wind power, Barre, Vt.-based Northern Power Systems announced that its parent company, Wind Power Holdings, has raised $37 million in first round funding.
The round was co-led by Allen & Company and RockPort Capital Partners. The proceeds will be used to expand… Continue Reading