Broadwind Energy

Cicero, United States Founded: 2007 • Age: 19 yrs
Wind turbine towers and assemblies are manufactured and supplied.
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About Broadwind Energy

Broadwind Energy is a company based in Cicero (United States) founded in 2007.. The company has 411 employees as of December 31, 2024. Broadwind Energy has completed 1 acquisition, including Red Wolf. Broadwind Energy offers products and services including Heavy Fabrications, Industrial Gears and Gearboxes, Procurement and Supply Chain, and Kitting and Assembly. Broadwind Energy operates in a competitive market with competitors including Elsewedy Electric, Huisman, Taisheng Wind Power Equipment, Auren Energy and Nabrawind, among others.

  • Headquarter Cicero, United States
  • Employees 411 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Broadwind, Inc.
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $143.14 M
    -29.65
    as on Dec 31, 2024
  • Net Profit
    $1.15 M
    -84.94
    as on Dec 31, 2024
  • EBITDA
    $10.91 M
    -37.74
    as on Dec 31, 2024
  • Latest Funding Round
    $35 M (USD), Debt – Conventional

    Feb 25, 2019

  • Investors
  • Employee Count
    411

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Broadwind Energy

Broadwind Energy is a publicly listed company on the NASDAQ with ticker symbol BWEN in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: BWEN . Sector: Producer manufacturing · USA

Products & Services of Broadwind Energy

Broadwind Energy offers a comprehensive portfolio of products and services, including Heavy Fabrications, Industrial Gears and Gearboxes, Procurement and Supply Chain, and Kitting and Assembly. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Full-scope production of industrial components for large-scale applications

Advanced solutions for gear manufacturing and repair in industrial settings

Services for sourcing and managing industrial supply needs efficiently

Precision assembly to streamline complex industrial installations

People of Broadwind Energy
Headcount 500-1000
Employee Profiles 22
Employee Profiles
People
Stephanie K. Kushner
President & CEO
People
Wayne Hanna
President of Brad Foote Gear Works, Inc.
People
Gil Mayo
President, Red Wolf
People
Tom Ciccone
VP And CFO

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Funding Insights of Broadwind Energy

  • Total Funding
  • Total Rounds 8
  • Last Round Debt – Conventional — $35.0M
  • First Round

    (01 Jun 2007)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2019 Amount Debt – Conventional - Broadwind Energy Valuation

investors

Jul, 2008 Amount Post-IPO - Broadwind Energy Valuation

investors

Jul, 2008 Amount Post-IPO - Broadwind Energy Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Broadwind Energy

Broadwind Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services are provided to individuals and businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Broadwind Energy

Broadwind Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Red Wolf. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Solar services are provided to commercial and residential clients.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Broadwind Energy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Broadwind Energy Comparisons

Employees
+
Add Comparison
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Competitors of Broadwind Energy

Broadwind Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Elsewedy Electric, Huisman, Taisheng Wind Power Equipment, Auren Energy and Nabrawind, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Wind turbines, towers, and rotor blades are manufactured in-house.
domain founded_year HQ Location
Provider of maintenance & installation services for wind turbines and other components
domain founded_year HQ Location
Wind towers for turbines are manufactured in Shanghai.
domain founded_year HQ Location
Hardware for the wind energy industry is developed.
domain founded_year HQ Location
Wind turbine components and technologies are designed and developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Broadwind Energy

Frequently Asked Questions about Broadwind Energy

When was Broadwind Energy founded?

Broadwind Energy was founded in 2007.

Where is Broadwind Energy located?

Broadwind Energy is headquartered in Cicero, United States. It is registered at Cicero, Illinois, United States.

Who is the current CEO of Broadwind Energy?

Stephanie Kushner is the current CEO of Broadwind Energy.

How many employees does Broadwind Energy have?

As of Dec 31, 2024, the latest employee count at Broadwind Energy is 411.

What is the annual revenue of Broadwind Energy?

Annual revenue of Broadwind Energy is $143.14M as on Dec 31, 2024.

What does Broadwind Energy do?

Broadwind Energy specializes in manufacturing and supplying wind turbine towers, wind turbine assemblies, composite structures and other ancillary components for wind turbine systems. Claims to have been manufacturing 100 meters long turbine towers and has deployed around 1000 structures across the USA since 2008. Product range includes welded assemblies, process systems, mechanical and electrical components for turbines, gearboxes. Also, involved in the production of CNG compressors for fueling stations.

Who are the top competitors of Broadwind Energy?

Broadwind Energy's top competitors include Huisman, Elsewedy Electric and Taisheng Wind Power Equipment.

What products or services does Broadwind Energy offer?

Broadwind Energy offers Heavy Fabrications, Industrial Gears and Gearboxes, Procurement and Supply Chain, and Kitting and Assembly.

Is Broadwind Energy publicly traded?

Yes, Broadwind Energy is publicly traded on NASDAQ under the ticker symbol BWEN.

How many acquisitions has Broadwind Energy made?

Broadwind Energy has made 1 acquisition, including Red Wolf.

Who are Broadwind Energy's investors?

Broadwind Energy has 1 investor. Key investors include Canadian Imperial Bank of Commerce.

What is Broadwind Energy's ticker symbol?

The ticker symbol of Broadwind Energy is BWEN on NASDAQ.

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