Western Wind Energy

Coquitlam, Canada Founded: 1998 • Age: 28 yrs
Develops innovative technologies for wind and solar energy projects.

About Western Wind Energy

Western Wind Energy was an Energy & Utilities company based in Coquitlam (Canada) founded in 1998. It develops innovative technologies for wind and solar energy projects. It operates on a B2B model. Western Wind Energy has raised $5.26 million across 2 funding rounds. Its Indian entity Goa Ind Energy Private Limited reported revenue of β‚Ή51.2 Lakh. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Wind Energy and Solar and Wind Projects. Its competitors include Seaqualize, Oceanic Wind Energy and Eolectric; 1 of its 3 listed competitors has raised funding.

Company details

Western Wind Energy, established in 1998 and currently in Dissolved stage, focuses on working in the energy sector, promoting renewable energy, harnessing wind energy, and solar and wind projects. Develops innovative technologies for wind and solar energy projects. Adapting to market demands with innovation and client-focused strategies.

Key Metrics
  • Indian entity revenue
    ₹51.2 Lakh

    FY 2025 · -30% YoY

  • Indian entity net profit
    ₹51,750

    FY 2025 · 1% margin

  • Indian entity EBITDA
    ₹6.4 Lakh

    FY 2025 · 13% margin

  • Total Equity Funding
    $5.26M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.28M (USD), Series A

    Dec 2010

Funding Insights of Western Wind Energy

Western Wind Energy has successfully raised a total of $5.26M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.28 million completed in December 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $5.26M
  • Total Rounds 2
  • Last Round Series A β€” $1.28M
  • First Round $3.99M

    (Dec 2010)

All 3 funding rounds of Western Wind Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2010$1.28MSeries A––
–
Dec 2010$3.99MSeries A––
–
May 2009$1.37MUnspecified––
–

Board of directors of Goa Ind Energy Private Limited (Western Wind Energy)

Goa Ind Energy Private Limited is the primary company behind Western Wind Energy. The board of Goa Ind Energy Private Limited currently have 2 directors; the longest-serving is Richard John Maddison, appointed in 2005. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Richard John Maddison
DIN 00220649
Managing Director01 Apr 200521 yrs 7 moGoa Ind Energy Private Limited
Catherine Maddison
DIN 00220845
Whole-time director01 Apr 200521 yrs 7 moGoa Ind Energy Private Limited

Financials of Western Wind Energy

Figures of Goa Ind Energy Private Limited, the primary company behind Western Wind Energy, for FY 2025. Revenue was ₹51.2 Lakh (-30% year on year). Net profit was ₹51,750 (1% margin). EBITDA was ₹6.4 Lakh (13% margin). Revenue has grown at a compounded annual rate of -14% over three years and -12% over five years.

  • ₹51.2 LakhRevenue · FY 2025 · -30% YoY
  • ₹51,750Net profit · 1% margin
  • ₹6.4 LakhEBITDA · 13% margin
  • ₹24.5 LakhPaid-up capital
  • -14%Revenue CAGR, 3 years
  • -12%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Goa Ind Energy Private Limited are on its company page.

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Detailed financial statements for Western Wind Energy

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  • Downloads

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Timeline of Western Wind Energy

3 dated milestones of Western Wind Energy across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Western Wind Energy is founded.
  2. Funding First funding round of $4.0M.
  3. Funding Latest funding round, Series A, of $1.3M.

Competitors of Western Wind Energy

Western Wind Energy has 3 listed competitors in our database, 1 of them funded. They include Seaqualize, Oceanic Wind Energy and Eolectric.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
seaqualize.com2014Hague, Canada$410,820
Wind energy projects are developed and managed in Canada.
oceanicwind.ca1957Vancouver, Canada
Oceanic wind energy projects are developed and managed globally.
eolectric.com2001Brossard, Canada
Utility-scale wind energy projects are developed, financed, and operated globally.
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Detailed competitors of Western Wind Energy

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Frequently Asked Questions about Western Wind Energy

Western Wind Energy was founded in 1998 and raised its 1st funding round 12 years after it was founded.

Western Wind Energy is headquartered in Coquitlam, Canada. It is registered at Coquitlam, British Columbia, Canada.

Western Wind Energy is a funded company, having raised a total of $5.26M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $1.37M, raised on Dec 2010.

The primary company behind Western Wind Energy, Goa Ind Energy Private Limited, reported revenue of β‚Ή51.2 Lakh for FY 2025, down 30% year on year.

Western Wind Energy, established in 1998 and currently in Dissolved stage, focuses on working in the energy sector, promoting renewable energy, harnessing wind energy, and solar and wind projects. Develops innovative technologies for wind and solar energy projects. Adapting to market demands with innovation and client-focused strategies.

Western Wind Energy's top competitors include Oceanic Wind Energy, Seaqualize and Eolectric.

Western Wind Energy operates through Goa Ind Energy Private Limited.

The legal entities of Western Wind Energy currently have 2 directors, including Richard John Maddison, Catherine Maddison.

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