Southridge has carved a niche in financing companies in the renewable energy sector, and our long-term relationships with Northern European institutional investors was instrumental in providing strong participation in the GC China Turbine equity raise.
New York, NY (PRWEB) December 2, 2009
Southridge Investment Group (“SIG”) (http://www.southridgegroup.com ), an affiliate of Southridge LLC (http://www.southridgellc.com ), has successfully placed European institutional investors into the recently closed financing for a leading China-based manufacturer, GC China Turbine Corp., (“OTCBB: GCHT”). GC China Turbine Corp. has licensed a groundbreaking technology in the wind turbine manufacturing sector that meets rigorous requirements for low-cost and highly reliable renewable energy.
GC China Turbine Corp. manufactures a 2-Bladed Wind Turbine utilizing technology originally developed through a 10-year research project at a cost of over US $75 million, invested by a Swedish government fund. The launch product is a 1.0MW Utility Scale Turbine with designs for 2.0MW and 3.0MW turbines currently under development.
“Southridge has carved a niche in financing companies in the renewable energy sector, and our long-term relationships with Northern European institutional investors was instrumental in providing strong participation in the GC China Turbine equity raise,” said David Roeder, Managing Director, SIG.
The Southridge Investment Group provides selected investment banking clients with access to well funded institutional investors. The Group has raised funds for a number of foreign and domestic companies in recent years. Southridge acts as a placement agent and/or co-lead with other investment banks or placement agents, providing clients with an additional quality shareholder base and access to capital sources not previously available or readily accessible.
For more information on the GC China
Turbine Financing please see: http://www.gcchinaturbine.com/news/news.aspx?nrnum=289
In another significant recent financing in the eco-friendly sector, Southridge was instrumental in bringing investors to China Green Pack Limited (Green Pack). Green Pack develops and produces environmentally-friendly, disposable packaging for food and industrial applications using its own advanced, molded pulp designs, replacing environmentally-polluting Styrofoam packaging.
“Southridge continues to seek out opportunities for its investor base both here and abroad, and views the sustainable energy sector as poised for substantial growth in the coming years,” added Roeder.
About Southridge Investment Group (“SIG”)
Southridge Investment Group LLC is a full service registered broker dealer and investment banking firm authorized to do business in all 50 states. The investment banking practice focuses on the sponsorship needs of small, medium and emerging growth companies as well as the needs of both institutional and individual investors interested in that segment of the market. The firm offers a full range of corporate finance services, including underwritings, M & A, financial advisory, valuations and private placements.
About Southridge LLC
Southridge LLC is a diversified financial holding company offering a wide range of products and services, including Fund Management, Investment Banking, Merchant Banking, Wealth Management and Business Solutions. For more information please visit http://www.southridgellc.com.