Knight & Carver Raises $12 Million

Knight & Carver Wind Group Inc., a National City, Calif.-based repairer and manufacturer of wind turbine blades, has raised $12 million in private equity from Global Environment Fund. Get more info.

PRESS RELEASE
Knight & Carver Wind Group, Inc. has secured a $12 million investment from Global Environment Fund, a leading environmental private equity investment firm.

According to Knight & Carver President/CEO Sampson A. Brown, the company will use the capital to assure its leadership position in wind turbine blade inspection, repair and maintenance services throughout the United States. Knight & Carver provides its services to wind farm operators throughout the U.S., Latin America, Canada and Europe.

“This is an extraordinary step forward for our company and our employees,” said Mr. Brown. “We are grateful for the commitment Global Environment Fund has made to ensure our continuing efforts to grow Knight & Carver into a leader in the wind energy industry.”

About Knight & Carver Wind Group:

Founded in 1997, Knight & Carver Wind Group is dedicated to the repair and manufacture of wind-turbine blades, utilized world-wide for cost-efficient renewable energy production. The company provides wind turbine blade repair and maintenance services to customers throughout the U.S., Latin America, Canada and Europe. The company also operates blade production and repair facilities in National City, CA and Howard, South Dakota.

About Global Environment Fund (GEF):

Established in 1990, the Global Environment Fund (GEF) invests in businesses around the world that provide cost-effective solutions to environmental and energy challenges. The firm manages private equity dedicated to clean technology, emerging markets, and sustainable forestry, with approximately $1 billion in aggregate capital under management. GEF's investors include prominent endowments, foundations, family offices and pension funds.