DeWind Partners With RBS Securities

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Irvine, Calif.-based Composite Technology Corp.'s subsidiary, DeWind Inc., has engaged RBS Securities to identify qualified companies interested in a partnership to better leverage the technology of the DeWind turbine product portfolio. Such a strategic partnership would allow DeWind to take full advantage of the expected growth in demand in the wind energy market over the next few years, according to the company.

‘We are currently evaluating various strategic options, and we believe that a DeWind partnership with a strong, well-known company would greatly bolster prospective customers' efforts in securing turbine finance and finalizing wind farm development planning,’ says Benton Wilcoxon, chairman and CEO of CTC.

SOURCE: Composite Technology Corp.

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