in News Departments > FYI
print the content item

Minneapolis-based High Country Energy LLC, along with its manager, National Wind LLC, have announced the nation's first intrastate public offering of a wind project's securities. Delphi Financial Corp., an investment banking firm specializing in raising capital for community-based renewable energy projects, is the placement agent for the offering. High Country Energy plans to build over 300 MW of community-owned wind farms in Dodge, Olmsted and Mower counties in Minnesota.

"In comparison to a private placement offering, which is typical in the renewable energy industry, this intrastate public offering will allow us to offer investment opportunities to a greater number of people," says Ryan Pelstring, vice president of capital markets at Delphi Financial. "All investors must be Minnesota residents and meet investor suitability requirements."

Sales of securities are made only through Delphi Financial and only after interested investors have received and reviewed a prospectus.

SOURCE: National Wind LLC


Trachte Inc._id1770
Latest Top Stories

Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.

Navigant_id1983
Renewable NRG_id1934