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3TIER Receives Investment From Good Energies

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by Staff Writers
Seattle WA (SPX) Jun 20, 2006
3TIER has announced it has secured an investment from Good Energies Investment BV, one of the leading investors in renewable energy. The investment will allow 3TIER to increase operational infrastructure, expand internationally, invest in forward-looking projects and co-develop new forecast technologies with university partners.

Good Energies contributes to the energy transition process through strategic investments in renewable energy companies and through its contributions to renewable energy initiatives. Within the spectrum of clean energy technologies, Good Energies places emphasis on wind energy development, in addition to solar photovoltaics.

"Partnering with a major player like Good Energies validates our efforts to provide customers with accurate forecasts that allow them to make the most efficient use of renewable energy," said Kenneth Westrick, CEO of 3TIER. "This investment allows us to take the company to the next level and develop new products and services to meet our ever-changing customer needs."

"Our goal is to help a new generation of technologies, systems and entrepreneurs to succeed and make renewable mainstream," said Jean-Louis Brenninkmeyer of Good Energies. "The 3TIER approach matches with our strategy for long-term, environmentally sustainable investments."

3TIER

3TIER provides project-scale, scientifically-based renewable energy forecast and assessment products and services to companies worldwide, and is currently the largest provider of these services in North America.

Whether predicting the availability of renewable resources from one hour to 30 years in advance, 3TIER provides the most reliable and accurate data available for single or integrated resource projects -- enabling companies to maximize operational efficiency and make effective and informed operational decisions.

Founded in 1999 with offices in North and South America, Seattle-based 3TIER exclusively employs scientific and engineering experts who develop and manage sophisticated environmental prediction systems using advanced computing technologies and proprietary methodologies such as 3TIER cutting edge R3(TM) process.

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