History
Founder Geoff Henderson had returned to New Zealand in the 1990s equipped with extensive international wind energy experience including site work at the early Californian wind farms. He also worked for a leading wind power organization, the Wind Energy Group, in the United Kingdom where he was part of a team designing wind turbines.
Having decided to bring an innovative wind turbine design (including his own invention the TLG) to New Zealand, he found that he was a little "ahead of his time". It was this reality that led to the decision for Windflow Technology to raise funds from the investing public for the prototype Windflow 500.
Although trained as a professional engineer with no formal business qualifications, Geoff undertook the challenge of preparing the highly detailed engineering focused business plan and prospectus.
A loyal and confident investor base has since contributed to several share market capital raisings over the years which has enabled the company to achieve its growth plans.
In 2001, Windflow Technology raised $2,6 million to build the prototype. The company first had to complete aspects of the engineering design and identify the partners that would be capable of eventually manufacturing the component parts.
The manufacture of the first Windflow 500 prototype with its revolutionary torque-limiting gearbox was an engineering feat that secured enormous interest from investors and engineers both locally and globally.
Windflow's success and innovation has also been recently recognised within the energy and sustainability industry in New Zealand through several notable awards. Some of the largest wind farm developer companies in the world are recognizing the Windflow advantage as the company's track record opens up more commercial opportunities.