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EverPower Bulks Up With $55 Million Round

Wednesday, October 3, 2007 5:00:00 AM PDT | VentureDeal Staff

NEW YORK, NY -- Alternative energy company EverPower Renewables Corporation said that it has closed a new funding round, receiving $55 million in new investment.

EverPower has built and currently operates a number of utility grade wind energy farms in the Northeastern U.S., encompassing the New England and New York regions.

Good Energies Inc. made the investment.  The company intends to use the funding proceeds to continue development of its existing farms and expand its pipeline of new projects.

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