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Wind Energy Direct
Wind Turbine|Onsite Autoproduction|Reduce Energy Costs|Ireland
About Wind Energy Direct
Wind Energy Direct, founded in 2006, is an Irish company specializing in the development, installation, and commissioning of wind turbines for businesses in Ireland and the UK. With offices in Limerick, Edinburgh, and Belfast, the company operates under the name WED Renewables in the UK. Wind Energy Direct focuses on providing renewable energy solutions that help businesses significantly reduce their energy costs and carbon footprint. The company serves a diverse range of clients, including manufacturing facilities and landfills, by installing wind turbines that generate substantial amounts of clean energy. For instance, their 2.35 MW wind turbine at Grady Joinery generates enough energy to power 1,500 houses and displaces 2,949 tonnes of carbon annually. The business model revolves around the development and commissioning of wind energy projects, earning revenue through the sale and installation of wind turbines and long-term maintenance contracts. Wind Energy Direct is part of the evolving renewable energy sector, aiming to make a significant impact on energy sustainability and cost savings for its clients.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Apr 2011 | $22M | $88M | Undisclosed | — |
Financials
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