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

Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.


Texas Comptroller Attacks Wind Power, And Industry Fights Back

Texas Comptroller Susan Combs recently released a report calling for an end to wind power subsidies. The Wind Coalition has responded, saying the report is riddled with misinformation.


How To Mitigate Blade Issues And Costly Downtime

Routinely inspecting your turbine's blades can help identify problems early on, ultimately cutting down unscheduled maintenance costs.

Canwea_id1984
Renewable NRG_id1934