# Windforce Ventures

Windforce Ventures is a Venture Capital based in Colombo, Sri Lanka.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Colombo, Sri Lanka
- **Region:** North America
- **Address:** No. 334, T.B. Jayah Mawatha, Colombo 10, Sri Lanka
- **Founded:** 2010
- **Assets under management:** Undisclosed
- **Website:** windforce.lk
- **LinkedIn:** https://www.linkedin.com/company/windforce-ventures

## Regulatory record

- **Reports private funds:** No

## About

Windforce Ventures is a venture capital firm based in NYC, focusing on early-stage investments in social media and mobile technology. The firm is led by investment professionals and social media technology entrepreneurs. Windforce Ventures provides in-house advisorship to support the growth of its portfolio companies.

## Sectors

- Renewable Energy
- Wind Power
- Solar Power
- Hydro Power
- Sustainable Transportation

## Questions

### Is WindForce a developer that flips projects, or does it hold and operate the plants?

WindForce operates as a long-term owner-operator. It retains full ownership and operational control of its plants, earning revenue through power purchase agreements with state utilities rather than exiting after construction. This balance-sheet model is central to its strategy across Sri Lanka, Pakistan, Uganda, and Ukraine.

### How does WindForce fund its project pipeline?

WindForce went public on the Colombo Stock Exchange in 2021 with an IPO that was eight times oversubscribed. Since listing, it funds projects through a mix of equity, retained earnings, and project finance. Specific capital-stack details beyond the Siyambalanduwa headline figure are not publicly disclosed.

### Does WindForce operate solely in Sri Lanka?

No. WindForce expanded internationally starting in 2017 with the Harappa Solar plant in Pakistan and has since commissioned projects in Uganda and Ukraine. Its current development portfolio remains weighted toward Sri Lanka, including floating solar and battery storage, while continuing to explore further global opportunities.

### Is WindForce a pure-play renewable energy business?

Primarily, but not exclusively. Beyond power generation, WindForce has diversified into electric mobility through its SATVA subsidiary, which distributes VMOTO electric cycles, and through Bluesky EV, which handles electric vehicle conversions. The company also monetizes carbon emission reduction credits from its generation assets.

## Related profiles

- [Winch & Co](https://altss.com/profile/winch-and-co)
- [Winfund Investment](https://altss.com/profile/winfund-investment)

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Last updated: 2026-07-10T13:13:49.000Z

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