WindESCo, a wind energy performance optimization company, late last month announced its closing of a $10 million Series B funding round led by WAVE Equity Partners, with participation from an affiliate of Tenaska, Inc. as well as existing investors. WindESCo, which is revolutionizing how wind plants leverage data to maximize profit and performance, will use the proceeds to further enhance its technology offerings, bolster growth, and forge joint development and channel partnerships in taking its solutions to the global marketplace. “WindESCo’s solutions fill a major gap in the wind energy performance optimization space. We have successfully applied our solutions to increasing the operating margins of wind plants for project owners,” Mo Dua, founder and CEO of WindESCo, said in the news release. “WAVE and Tenaska’s investment validates our approach. The funds will allow WindESCo to expand our product offerings and further our customer-centric focus.”
To view the full press release, visit http://nnw.fm/eA6Yj
About WindESCo, Inc.
WindESCo provides services to wind plants to improve energy production and reduce operating expense. Combining the power of physics-based models with data science, WindESCo’s solutions are actively optimizing wind farms in eight countries on three continents. For more information, visit the company’s website at www.WindESCo.com.
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