Minneapolis-based High Country Energy LLC and its manager, National Wind LLC, have announced the completion of the nation's first intrastate public offering in connection with the development of a wind project.
Delphi Financial Corp., an affiliate of National Wind, was the registered broker-dealer for the offering. High Country Energy plans to develop a series of utility-scale, community-owned wind farms in Dodge, Olmsted and Mower counties, Minn.
‘Through the offering, we now have approximately 60 additional Minnesota investors in High Country Energy, helping solidify our goals for community participation,’ says Mark Lucas, vice president of National Wind and project lead for High Country Energy. ‘The wind energy business represents an exciting growth and investment opportunity, and this offering has allowed interested investors to purchase a position within it.’
Proceeds from the offering will be used to develop High Country Energy's multiple phases.
SOURCE: About High Country Energy LLC