Greentech Lead America: Building Turbines, a manufacturer
of rooftop wind turbine systems and other renewable energy technologies, is set
to acquire Eco-Wind Solutions.
As part of the agreement, sales staffs from both
companies can begin cross-selling each company’s products effective
immediately.
“The LOI will afford technology and sales to
Building Turbines while providing ready-to-ship and ready-to-implement products
to EWS,” said John Graham, CEO of Building Turbines.
The combination of the BT5000 vortex unit and the
Windtronics Honeywell Wind Generator unit will bring consumers ultimate wind
energy production capacity, LEED registration points, and Federal and State
certified alternative energy credits. These benefits will be afforded to all
clients secured by our newly expanded sales team.
According to Pike Research, global revenues for small
wind systems will more than double between 2010 and 2015, rising from $255
million to $634 million during that period.
The Windtronics Honeywell Wind Generator complements its
BT5000 Turbine. Its horizontal-axis rooftop turbine is designed for higher
winds, while the Eco-Wind turbine is better suited for lower winds, can be
installed in tight spaces and is much more portable.
“We at EWS are pleased to be joining forces with
Building Turbines. I believe the combination of our two companies could lead to
one of the market’s most innovative alternative energy companies. As we
establish a solid domestic book of business, I can envision our customers with
international operations also wanting to deploy our renewable energy wind
products in their operations,” said Janet Asarch, president of EWS.
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