Molycorp has provided the wind energy company with a substantial amount of series B investment alongside existing investor NEA.
US-based clean energy company Boulder Wind Power (BWP) closed a series B round of funding totalling $35m yesterday, with US-based mining corporation Molycorp among the investors.
BWP raised $8m in February in a round led by venture capital firm New Enterprise Associates (NEA). As well as providing BWP’s initial seed financing in 2009, NEA also contributed to the series B round.
Mark Smith, chief executive of Molycorp, said: Boulder Wind Power’s innovative technology promises to dramatically accelerate the global deployment…
