Leading wind turbine manufacturer secures £600,000

Our client Ampair, a diversified manufacturer of small scale renewable energy products have secured an additional £600k from investors, the majority introduced by the Ruffena team.

Having received backing from the same investors to the tune of £600,000 in 2012, they have used this more recent injection of cash to purchase Westwind, the Belfast-based wind turbine manufacturer.

Ampair’s managing director, David Sharman said “the completion of this deal puts Ampair in a very strong position for the future with business risk diversified against a wide portfolio of time-served turbine products, including three MCS-certified turbines.”

Ampair has been manufacturing high quality renewable energy power systems in the UK for almost forty years. Ampair wind and hydro turbines are renowned internationally for their durability in extreme environments. With nearly 30,000 systems sold to date, Ampair turbines and power systems are currently providing power to equipment in virtually every country and ocean on the globe. From Alaska to the Antarctic, the Solent to the Sahara, you will find Ampair turbines and renewable energy systems.

Robert Whitaker, from the Green & Clean team at Ruffena Capital explained “We continue to find investors have a strong appetite for real nuts and bolt businesses in the green energy sector, and Ampair is an excellent example”.

Ampair are frequently selected for harsh weather locations, such as for oilfield and pipeline relay stations in Alaska, by Cable and Wireless in the Falklands, by British Antarctic Survey and the USGS for polar research, and by utilities such as Shell, ConocoPhillips, SSE, Vattenfall or Pacific Gas & Electric, as well as private individuals and government agencies worldwide.

By Robert Whitaker, robert.whitaker@ruffena.com