Thursday, February 24, 2005

Catamount Completes Texas Wind Farm

Catamount Energy Completes Texas Wind Farm
February 24, 2005
[] Vermont-based Catamount Energy announced that its second U.S. wind project has been completed and attained full commercial operations in February. Sweetwater 2, located in Nolan County, Texas, is a 91.5 MW project using 61 GE Wind turbines. Catamount is an equity investor in the project. DKRW Energy of Houston was the project developer. Babcock & Brown acted as the financial advisor for the project and is also an equity investor in the project. Babcock & Brown and Catamount supported and funded the development and construction of the project. The completion of this project gives Catamount part ownership in a total of 129 MW of operating wind projects in the U.S. The company's UK development pipeline is expected to produce the first completed projects in the 2006/2007 time frame, according Catamount CEO James Moore.