Goldman Sachs Makes Significant Investment in Nordic Windpower

[]  Nordic Windpower Ltd., a manufacturer of two-bladed utility-scale wind turbines, announced today that Goldman Sachs, one of the world’s largest investment banks, has made a significant investment in the company. The investment marks a major new phase in Nordic’s growth as it prepares to start U.S. production of its field-proven turbines for utilities, and large and small developers. The new money enables Nordic to fulfill growing demand for low-cost, high-reliability wind turbines at a time when the industry faces persistent supply constraints. The terms of the investment were not disclosed.

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