Southwest Windpower, a US-based renewable energy provider backed by strategic investors, has raised $2.8m of a $4m round less than six months after buying Deerpath Energy, a provider of wind turbines siting software, according to its regulatory filing.
Last August, Windpower raised an undisclosed sum to help it expand outside of the US and it subsequently hired Kate Sizer to head up its European operations from Germany.
This last round of funding was provided by US-listed industrial conglomerate General Electric’s GE Energy Financial Services division and venture capital and asset management firms PCG Clean Energy and Technology Fund, Altira, NGP Energy Technology Partners and Rockport Capital Partners.