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Wind power startup nabs $200 million for projects on homes, farms

2016-01-05 13:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: United Wind Inc, which has carved out a niche leasing wind turbines to farms and rural homes, has clinched $200 million in funding from Toronto-based Forum Equity Partners - the largest-ever single investment in small wind projects. The funding is a vote of confidence not only in the Brooklyn, New York-based startup, but in the nascent market for wind energy that is both produced and used on site. Distributed generation, or power that is produced where it is consumed, has taken off in recent...

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Category:Electronics and Electrical

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