Southwest Windpower Raises $6.5M
Flagstaff, Arizona-based Southwest Windpower, a producer of small residential scale wind energy systems, has raised $6.5M in a Series B venture capital round. The round came from NGP Energy Technology Partners, and also included existing investors Rockport Capital partners, Altira, and CTTV Investments LLC. Southwest Windpower's residential wind generators are a grid-connected system for consumers to power their homes. The new capital will go towards new dealer channels, sales offices in Europe, plus efforts to influence domestic policy incentives.
posted on Friday, June 8, 2007 (Link to more information)
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