Xzeres

company

About

XZERES designs, manufactures, and distributes high quality distributed small wind turbines.

  • Wilsonville,Oregon,United States
  • 11 - 50

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$1.50M
Industries
Environmental Engineering,Manufacturing,Renewable Energy,Wind Energy
Founded date
Jan 1, 2010
Number Of Employee
11 - 50
Operating Status
Active
Stock Symbol
otcbb:XWND
Legal Name
XZERES Corp.
Also Known As
XZERES Wind

XZERES designs, manufacture, and distributes high quality distributed small wind turbines (2.4kW -10kW). XZERES Wind offers wind energy solutions. Its grid-connected and off-grid wind turbine systems, which consist of 2.4kW and 10kW devices and related equipment, are utilized for electrical power generation for applications and markets such as residential, micro-grid based rural electrification, agricultural, small business, rural electric utility systems, as well as other private, corporate infrastructure and government applications. Its wind turbine systems are focused on distributed energy, where a specific machine's energy output is largely or entirely used on-site where the equipment is installed, as well as grid-connected applications.

While many of its customers take advantage of their local net-metering rules within the United States and Feed-In Tariffs that are often available in Europe and Internationally (to sell power back to the grid), their wind power systems are not dependent on transmission needs to carry the energy produced to another location.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$21.40M
Xzeres has raised a total of $21.40M in funding over 2 rounds. Their latest funding was raised on Apr 7, 2015 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 7, 2015 Post-IPO Equity $1.50M Detail
Aug 27, 2014 Post-IPO Debt $19.90M 1 Wells Fargo Capital Finance Detail
Jan 7, 2011 IPO Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Xzeres is funded by 1 investors. Wells Fargo Capital Finance are the most recent investors.
Investor Name Lead Investor Funding Round
Wells Fargo Capital Finance Yes Post-IPO Debt

Employee Profiles

Number of Employee Profiles
1
Xzeres has 1 current employee profiles, including Employee John Rexford
Employee

Acquisition

Xzeres has acquired 1 organizations. Their most recent acquisition was Southwest Windpower on Jul 1, 2013. They acquired Southwest Windpower for 0.

Date Company Name
Industry Acquisition Type Price
Clean Energy Detail