United Wind develops and finances distributed-scale wind projects that allow property owners and mid-sized businesses to lease a small wind turbine with no upfront payment. Through its proprietary WindLease™ platform, customers lock in long-term electricity rates and reduce exposure to rising energy prices. The company reports strong demand, having signed more than 20 WindLease™ customers in September alone. United Wind primarily installs turbines in Western and Central New York State, areas with favorable wind resources and high energy prices. The firm positions its offering as a low-cost alternative to grid electricity while handling all project development and maintenance. Its business model relies on project financing to fund turbine installations, enabling rapid customer adoption without balance-sheet strain. The latest $10 million financing commitment strengthens its ability to scale deployments and meet rising demand.

Total raised

$32M

Funding rounds

4

Latest round

Series B

Latest activity

Mar 2016