North American Windpower: Alliant Energy Agrees To Sell RMT To White Construction's Parent Company

Alliant Energy Agrees To Sell RMT To White Construction's Parent Company

by NAW Staff on Thursday 13 December 2012

Alliant Energy Corp. has agreed to sell construction services provider RMT to Infrastructure and Energy Alternatives (IEA), the parent company of rival construction services provider White Construction.

Subject to customary conditions, the participants expect the deal to close in January.

IEA says RMT will become a subsidiary company working in IEA's renewable energy group along with White Construction. IEA says RMT will retain its Madison, Wis.-based headquarters.

UBS Investment Bank advised Alliant Energy on the transaction.

Latest Top Stories

Study: How Northwest Wind Can Play With Energy Storage And Provide Operational Flexibility

Researchers have identified two possible sites in eastern Washington to build compressed-air energy-storage facilities that could temporarily store the Northwest’s abundant wind resources.

Wind Consortium Deploys Nacelle-Mounted LIDAR At Offshore Site In Irish Sea

In an important development for performance verification for offshore wind sites, a group of companies have deployed a nacelle-mounted LIDAR at DONG Energy's 367 MW Walney Wind Farm.

As U.S. DOJ Investigates, Duke Works Adaptive Management Plan

With previous golden eagle fatalities reported at two company-owned wind farms in Wyoming, Duke Energy Renewables is going to great lengths to protect raptors.

DOE To Recast Landmark 20% Wind Energy Report; Study Looks Back, Ahead

The U.S. Department of Energy will update its 20% Wind Energy By 2030 report, which indicated increased levels of wind penetration for the U.S. is not only possible but feasible.

Wind Energy Procurement Top Of Mind For Big-Name Companies

With greater frequency, top-tier companies are discovering the economic and environmental power of wind energy and upping their investments in the resource.