ESSEX, Conn., May 26 /PRNewswire/ — American Wind Capital Company (AWCC), a leader in monetizing royalties from wind and other renewable energy projects, today announced an agreement to acquire Wind Farm Capital (WFC), a Connecticut-based company that also acquires royalty assets. Financial details were not disclosed.
-- WFC brings a significant pipeline of monetization opportunities, as well as a network of regional sale representatives to support the company's origination effort. Together, the combined company will take advantage of the 30,000 MW of installed wind capacity, as well as other renewable opportunities. -- Wind Farm Capital's management team will join American Wind Capital. Jeff Keeler, an experienced professional in wind power development and acquisitions, joins as the Vice President of Business Development, and Justin Marron, a leader in managing royalty acquisitions in the wireless communications and utility businesses, joins as the Vice President of Acquisitions.
“We are thrilled to have the Wind Farm Capital group join our team,” said American Wind Capital’s CEO Charles Hinckley. “This rapid expansion of our business reflects the value we add for both large and small landowners of property that host renewable projects. Our products allow our landowner clients to receive the benefit of their renewable-related revenue stream today. And, as our customers benefit, they have enabled us to expand our service area from the East Coast to California during our first year of operation.”
Source: PR Newswire