Statoil, Forum Equity lead $8 mln Series B for United Wind

United Wind, a Brooklyn-based provider of distributed wind energy solutions, closed an $8 million Series B financing round led by Statoil Energy Ventures and Forum Equity Partners. A representative from both Forum Equity and Statoil will be appointed to United Wind's board. The deal is the first for Statoil Energy Ventures, the investment arm of Statoil ASA, since announcing a $200 million fund to finance renewable energy companies and projects.

7 March 2016•4 mins read
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