Goldman Sachs invests in Nordic Windpower

Investment bank Goldman Sachs has made a “significant investment” in Nordic Windpower, a manufacturer of two-bladed utility-scale wind turbines.

Nordic is about to start US production of its turbines, and the company states the investment will enable it to fulfill growing demand for low-cost, high-reliability wind turbines at a time when the industry faces persistent supply constraints.

“The investment will enable Nordic Windpower to become a market and technology leader in the $20 billion global wind energy industry,” says Steve Taber, Nordic Windpower chief executive. “It provides Nordic with the resources to deliver its turbines as

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