December 12, 2007
Windstone Capital Partners Completes $20 Million Equity Raise for Green Energy Company
SCOTTSDALE, Ariz., Dec. 12 /PRNewswire/ -- Windstone Capital Partners, Inc., a southwest regional Investment Bank, today announced completion of a $20 Million Series A Equity Financing for its client, Energy and Power Solutions, Inc. ("EPS"), a clean tech Costa Mesa, California based company. The funds will be used by EPS to rapidly expand its business, which reduces greenhouse-gas emissions, a key factor in Global Warming. EPS customers include, Tyco, UPS, Miller Beer and Dean Foods, which sells dairy products through Wal-Mart of Bentonville, Arkansas.
Windstone Capital Partners acted as the exclusive financial advisor on the transaction and succeeded by thoroughly understanding each aspect of the opportunity. "When we first were introduced to EPS," says Norman C. Clarke, Senior Managing Partner at Windstone, "they had hopes of only raising upwards of $6 million in debt. We focused on their core capabilities, industry trends and the investing environment and concluded it was possible to raise a great deal more capital then EPS had envisioned, in a much better structure."
Energy and Power Solutions, Inc. (http://www.energynpower.com/) provides clean energy power and carbon footprint reduction solutions for manufacturing customers. The company has offices in Costa Mesa and Sacramento, CA and projects throughout the U.S.
About Windstone Capital Partners
Windstone Capital Partners (http://www.windstonecapital.com/) provides a wide array of Investment Banking services but specializes in private equity and venture capital financings in Technology companies. Windstone is based in Scottsdale Arizona, with offices in Austin, Texas.
Windstone Capital Partners, Inc.
CONTACT: Norman C. Clarke, Senior Managing Partner of Windstone CapitalPartners, Inc., +1-480-355-8415, [email protected]
Web site: http://www.windstonecapital.com/http://www.energynpower.com/