Duke Buying Renewable Energy Company Catamount

June 27, 2008 Filed Under: Diamond Mining, Oil and Gas  

Duke Energy Corp. will buy privately held Catamount Energy Corp. for $240 million, plus assumed debt, to bolster its wind energy generation capability. Duke bought the Rutland, Vt.-based renewable energy company from private-equity firm Diamond Castle Holdings LLC. Catamount currently operates facilities providing 300 megawatts of renewable energy. In May 2007, Duke bought Austin, Texas-based Tierra... 

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