CPV Acquires Wind Portfolio
NAW Staff, Tuesday 11 July 2006 - 01:00:00
CPV Wind Ventures has acquired the wind project development portfolio of Distributed Generation Systems Inc. (Disgen).
"Bringing together the CPV Wind program with the portfolio of well-sited and mature projects originated by Disgen creates a perfect match and will enhance our ability to put wind farms into operation," says CPV Wind President and CEO Doug Egan. CPV Wind is backed by the private equity firm ArcLight Capital Partners LLC.
"With the rapid expansion of the wind industry in the U.S. and the consolidation of the developer component of the industry, it has become increasingly clear that access to significant capital is required for success," says Disgen founder and CEO Dale Osborn.
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