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Northern Power Systems
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Short description

Developer of wind turbines for distributed applications such as villages, universities, agricultural farms, and business parks

Founded in 1974
Founded in

Company type Public Public (NPS.TO)
Company type

Industry Group energy & power

Sector wind

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Barre, VT Barre, United States
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Updated by Cleantech Group on 09/13/2021

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Date Company
03/11/2016

UniEnergy Technologies UniEnergy Technologies

Northern Power System has been selected to supply its FlexPhase power conversion system for UniEnergy Technologies (UET).

Confirmed by UniEnergy Technologies

Partnerships
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Date Partner Type
06/02/2014
WEG WEG
NPS is developing a new 3.3MW wind turbine along with its Brazilian partner WEG.
View source    
Confirmed by WEG
Technology Partner
Investment Rounds
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IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

NPS.TO

Exchange listed

Prospectus URL

Prospectus

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Source

Description

Date Investors Type Amount
11/16/2009 BeCapital BeCapital , Allen & Company Allen & Company , RockPort Capital Partners RockPort Capital Partners (3)
Post-money valuation of
BeCapital took a $15.0 m stake in NPS, by subscribing to a second round of equity financing led by Allen & Cy and RockPort Capital.
Series B $15,000,000
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