in News Departments > New & Noteworthy
print the content item

The Conti Group, a New York City-based construction and engineering services firm, has formed Alternity Wind Power LLC as a late-stage, integrated developer of utility-scale wind farms. According to the company, the spin-off will work with early-stage wind project developers to engineer, construct and commission wind power operations across North America.

Alternity currently is establishing partnerships with early-stage wind project developers, landowners, turbine manufacturers, utilities and local communities to develop wind farms with capacities of 50 MW or more. The company plans to create a portfolio of more than 2,100 MW of wind power capacity by 2012.

"Today, there is a void in the wind energy marketplace," says Jack Gelman, president and CEO of Alternity "Too few companies are willing to build fair partnerships with early-stage wind project developers. That is where Alternity Wind Power comes in."

In partnership with The Conti Group and other leading design, engineering and construction firms, Alternity plans to work with developers to
- raise financing,
- procure wind turbines,
- negotiate power purchase agreements,
- secure federal, state and local tax credits,
- design and engineer wind projects,
- construct and commission projects, and
- oversee operations and maintenance services.

IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

Deepwater Hits Financial Close For Block Island Wind Farm, Expects Summer Construction

The Providence, R.I.-based offshore wind developer becomes the first to financially close on a U.S.-based offshore wind project.


More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.

Hybrid Energy Innovations 2015