More $$$ For Wind: Good Energies Backs EverPower


picture-13.pngWind energy developer EverPower Renewables says it has closed a $55 million financing commitment from Swiss cleantech investment firm Good Energies. This is the second deal of the week for Good Energies; it put more cash into thin film solar company Konarka.

It also marks the latest deal in the wind energy sector. Earlier this week, Goldman Sachs (GS) made a “significant investment” in wind turbine developer Nordic Windpower, and General Electric (GE) said it will supply SkyPower with 200 wind turbines in a deal valued at about $400 million.

New York-based EverPower, founded in 2002, is currently developing more than 1.5 gigawatts of projects in seven states. Some of the money raised will be used to secure turbines for projects totaling 130 megawatts in Pennsylvania and New York. The funding will also be used for six additional projects in the same region. Finally, funds will be used to support expansion into the west, with the opening of a development office in Portland, Ore., that will oversee projects in Oregon and its neighboring state of Washington.

Comments are closed.