Goodwin Procter advised UpWind Solutions Inc. in the sale of the company and its subsidiaries to Vestas Wind Systems.
Based in San Diego, UpWind Solutions is a leading independent service provider in North America. With about 310 employees, UpWind Solutions currently services wind power plants in nine US states with a total capacity of more than 3 GW. The wind power plants under service represent a diverse customer base and include turbines from a number of manufacturers. UpWind Solutions also supplies parts for most major turbine technologies, performs blade inspections, and offers various performance upgrades. UpWind Solutions was backed by an investor group which includes MissionPoint Capital Partners, Kleiner Perkins Caufield & Byers, Northgate Capital and BP Ventures.
Vestas, based in Denmark, is the a global energy company dedicated exclusively to wind energy. Vestas’ core business is the development, manufacturing, sale and maintenance of wind power plants – with competencies that cover every aspect of the value chain from site studies to service and maintenance