Alliant Energy Corp. has tapped UBS Investment Bank to assist with the sale of its non-regulated subsidiary, RMT Inc., an engineering, procurement and construction (EPC) contractor for wind and solar projects.
The news comes after Alliant Energy's board of directors approved a plan to sell the Madison, Wis.-based business earlier this month.
RMT's construction crew has provided EPC services for more than 5 GW of renewable energy projects across 26 states, Alliant notes.
