in News Departments > FYI
print the content item

Catamount Energy Corp. recently announced that it has completed the strategic review process it engaged Goldman Sachs to manage earlier this year. Catamount is a wind energy company owned by Diamond Castle Holdings.

"The strategic process has been concluded with Diamond Castle and Catamount's management determining that there is better value in continuing to build the U.S. and the U.K. wind businesses than there is in exiting those businesses," says Mike Ranger, a senior managing director of Diamond Castle.

"Despite new entrants into the market, Catamount's build-out of the wind business has proceeded faster than planned," says James Moore, Catamount's chief executive officer. "Catamount's early-mover status, the existing pipeline of late-stage development projects and our efforts to expand the pipeline will provide a continuation of the significant value creation that has been occurring within Catamount since entering the wind business in 2001."


Trachte Inc._id1770
Latest Top Stories

Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965
UnitedEquip_id1995