When Goldwind USA, Inc. needed a local, experienced partner to produce its 85 meter wind turbine towers in North America it turned to Broadwind Energy, Inc. Goldwind selected Broadwind to supply approximately 70 wind turbine towers for its Shady Oaks project in Lee County, Illinois, set for installation during the second half of 2011. Tim Rosenzweig,...
The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that it has completed the acquisition of USA Compression Holdings, LP, the parent company of USA Compression Partners, LLC (“USA Compression” or the “Company”),...
ENER1, Inc. a leading manufacturer of lithium-ion energy storage systems for transportation, utility grid and consumer electronics applications, today announced that its shareholders have approved the appointment of four new members to its board of directors. The new directors are Nora Brownwell, Wilber James, Greg Kasagawa and Stanislav Shekshnia....
Bolstering its contribution of high-efficiency and cost-saving generators to the $37 billion wind industry, Danotek Motion Technologies has raised $14.5 million from CMEA Ventures, StatoilHydro unit StatoilHydro Venture and GE unit GE Energy Financial Services. Danotek’s generators can spur the wind equipment market by increasing wind turbines’...
Pritchard Capital Partners, an energy investment bank and institutional financial services firm, announced today additional expansions to its institutional sales and trading teams with the addition of Owen Jones and John Joyce. Mr. Jones joins as a senior vice president sales trader based in the Washington, D.C., office and Mr. Joyce joins as a senior...
The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.26 million barrels per day (b/d) of crude oil in October, according to a Platts survey of OPEC and oil industry officials just released. This is a 210,000 b/d decline from the September level of 32.47 million b/d. Excluding Iraq, production from the 12...
Broadwind Energy, Inc., a leading producer of components, logistics and service for the wind power industry, today announced it has retained Lambert, Edwards & Associates, Inc. (LE&A) to manage its investor relations activities. Naperville, Ill. – based Broadwind Energy said LE&A will help the Company communicate its emerging growth...
Sunovia Energy Technologies, Inc. announced that former U.S. Under Secretary of Commerce Kenneth I. Juster has agreed to serve as a senior advisor on the company’s advisory board. Under Secretary Juster will provide strategic counseling and assistance on a range of issues relating to public policy and international commerce. Sunovia, an early-stage...
Constellation Energy announced two new management appointments – Jonathan (Jack) W. Thayer as chief financial officer and Charles A. Berardesco as general counsel – as the Company progresses toward closing its merger with MidAmerican Energy Holdings Company. The appointments are effective immediately. “Jack and Charlie are talented and experienced...
SkyFuel, Inc. today secured its position as the leader in the rapidly growing concentrating solar power (CSP) industry by unveiling the SkyTrough(TM): the highest performance, lowest cost utility-scale solar power system of any kind for generating electricity. With glass-free mirrors, a highly engineered space frame that allows compact transportation...