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."

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Renewable NRG_id1934
Hybrid Energy Innovations 2015