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National Wind Acquires Delphi Financial | in News Departments > FYI | by NAW staff on Friday 05 September 2008   |
Minneapolis-based National Wind LLC, a large-scale community wind project developer, has announced the completion of its acquisition of Delphi Financial Corp. In recent years, Delphi has specialized in working with renewable energy projects.
"We have established a long-term working relationship with Delphi Financial and understand their commitment to raising capital for large community wind energy projects," says Leon Steinberg, CEO of National Wind. "An investment banking firm may seem like a strange acquisition for a utility-scale wind developer. However, our unique community-based model offers local landowners the opportunity to become project owners and, in many cases, necessitates the use of a registered broker-dealer."
SOURCE: National Wind LLC
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