NTR plc Invests $150 Million in Wind Capitol Group (WCG)

April 25, 2008 – Vol.13 No.5

NTR plc Invests $150 Million in Wind Capitol Group (WCG).

NTR has also signed an agreement for the supply of 150MW of GE wind turbines on behalf of WCG for delivery in 2010 to accelerate the build out of WCG’s portfolio of development projects.

NTR plc, of Dublin, Ireland, is an international developer and operator in renewable energy and sustainable waste management.

Jim Barry, CEO of NTR plc said: “In reentering the wind energy business in the US, NTR is delighted to partner with Wind Capital Group with their unique business model, focusing on local partnerships in rural communities. Their rapid growth and early success is a testament to the strength of their business model. NTR is excited to be involved at this early stage in taking the business forward to the next level.”

Tom Carnahan, President of Wind Capital Group said: “With their expertise in global markets, NTR is a perfect partner for us. The investment they are making will help Wind Capital Group expand beyond the Midwest and become a major player in wind energy development across North America.”

Wind Capital Group builds wind farms with a project strategy that places focus on community involvement and developing relationships to guide a project toward success. In partnering with Wind Capital Group, farmers can benefit from a new cash crop and the diversified income provided by wind energy production. (4/24/08)

Links:

Wind Capital Group
http://www.windcapitalgroup.com

NTR
http://www.ntr.ie

Stirling Energy Systems (SES) Announces $100 Million Investment by NTR.

Wind Capital Group: Rock Port, Missouri Becomes America’s First Fully Wind-Powered Community.

Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No