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

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Canwea_id1984
Renewable NRG_id1934
Future Energy_id2008