Wind turbine manufacturer TPI Composites raises $26m

Arizona-based wind turbine blade manufacturer TPI Composites, which supplies Mitsubishi Power Systems and General Electric, has raised $26m in Series B-1 funding. Element Partners led the round and was joined by return backers Landmark Partners, NGP Energy Technology Partners, Angeleno Group and GE Capital. The company previously raised a $20m B-1 round earlier this year.