SWAN investors are proud to support a follow-on investment in Pecos Wind Power, a company developing and manufacturing community-scale wind turbines that enable low-cost, on-site power generation—ideal for rural and agricultural markets. Pecos was named a recipient of the U.S. Department of Energy’s 2024 Competitiveness Improvement Project (CIP) award, part of a $3.2 million initiative supporting distributed wind deployment in farming communities. This award aligns with the USDA and DOE’s new RAISE initiative, designed to reduce market barriers and drive clean energy adoption in rural America. Read more about the CIP program and this year’s awardees here.
SWAN investors first backed Pecos Wind Power in 2022.