Southridge Investment Group Brings International Investors to GC China Turbine Financing
01 Décembre 2009 - 4:54PM
PR Newswire (US)
NEW YORK, Dec. 1 /PRNewswire/ -- 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/. DATASOURCE: Southridge LLC CONTACT:
Alan J. Segan, Rubenstein Public Relations, +1-212-843-8064, Web
Site: http://www.southridgegroup.com/
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