Mercom Capital: Wind Venture Funding Rises in Q3

Venture capital investment in wind energy more than tripled during the third quarter. Venture capital firms completed six financing deals worth a total of $57 million in the quarter, up from three deals worth $17 million in Q2.  There were 11 acquisitions in the wind industry valued at $53 million, compared to five deals worth $93 million in the prior quarter. Announced large-scale project funding in Q3 2012 totaled $1.1 billion in 11 deals, all going to onshore projects.

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