2015’s biggest investments: Urban Wind £30m

Glasgow-based renewable energy start-up secures funding to finance nationwide turbine schemes

Company: Urban Wind
Description: Renewable energy company
Founders: Christopher Whitehead
Based in: Glasgow
Raised: £30m
Investors: Zouk Capital

They said:

Paul McCullagh, CEO of Urban Wind Energy:

“We are delighted to announce the signing of this ground-breaking deal with Zouk Capital. It will enable UrbanWind to move ahead with our ambitious development plans and is also a fantastic endorsement of the future that wind technology has in the UK.

It will enable UrbanWind to move ahead with our ambitious development plans and is also a fantastic endorsement of the future that wind technology has in the UK.”

Colin Campbell, Managing Partner at Zouk Capital:

“Our partnership with UrbanWind offers us an exciting opportunity in on-shore wind and fits our fund’s capital gain strategy well.”

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