Tuesday, December 8, 2009

TPI Composites Takes $26M

Scottsdale, Arizona-based TPI Composites, a developer of wind turbine blades, said last week that it has raised $26M in Series B-1 funding. The funding came from Element Partners, along with prior investors Landmark Growth Capital Partners, NGP Energy Technology Partners, Angeleno Group and GE Capital. Element's Michael DeRosa and Angeleno Group's Daniel Weiss join the firm's board along with the funding. More information »