Wasatch Wind
Wasatch Wind develops modular wind turbine towers for utility-scale, multi-megawatt, commercially-available turbines.
Business Model:
Revenue: $13.1M
Employees: 11-50
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Detailed Wasatch Wind Information
Geographic Data
Address: 357 W 910 S
City: Heber City
State: UT
Zip: 84032
Country: US
Financial Info
Stage:
debt financing
Raised Last:
$800k
Raised Total:$6M
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Description
The company was founded in Utah in 2002 as “Wind Tower Composites, LLC†to research, develop, and commercialize lighter weight, taller and modular wind turbine towers for utility scale, multi megawatt commercially available turbines. Later after subsequent engineering changed the direction of design to steel constructs and damper technologies, the company was renamed “Wind Tower Systems, LLCâ€. Under the auspices of the Low Wind Speed Technology Program of the Department of Energy (DOE), grants totaling $850,000 were used to conduct research and complete development work. An additional $3,100,000 matching grant ($1.511 million cash) from the California Energy Commission enabled construction, testing, and certification of the new tower with a commercial turbine and demonstration of a crane-less installation method for the tower and turbine.
Contact Phone:
+14356572550
Contact Email:
| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2008 | Series B | 1 | $600k |
Element Partners Element Partners |
4/2007 | Series A | $3.6M | 7/2010 | Debt Financing | $589.6k | 7/2011 | Debt Financing | $800k |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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