Catamount Energy Expands Wind Energy Portfolio with New Investment

Catamount Energy Corp. announced that its fourth U.S. wind project attained full commercial operation on May 24. Sweetwater 4, located in Nolan County, Texas, is a 240-megawatt (MW) project using a combination of Siemens and Mitsubishi Wind turbines.

Sweetwater 4 is the fourth phase of the Sweetwater wind project, which totals 504 MW in operation today. The Sweetwater 4 wind project uses 135 Mitsubishi 1.0-MW turbines and 46 Siemens 2.3-MW turbines. Its output is being sold to San Antonio’s CPS Energy, a municipally owned energy company, under a long-term purchase agreement.

Prior to commercial operation, Catamount Energy and its partner Babcock and Brown co-developed and constructed Sweetwater 4. Under the long-term ownership structure for Sweetwater 4, Catamount and Babcock will remain equity investors and co-managing members of the project. Catamount and Babcock also co-developed and constructed the prior three phases and are currently co-funding the development and construction of the 80 MW Sweetwater 5 project.

“Catamount has continued to expand its alternative energy generation business with the recently announced investment in Elemental Power Generation (a fuel cell project developer), our first consent for a wind project in the United Kingdom, and the new investments at Sweetwater,” noted Catamount CEO James Moore.

Catamount is a developer, owner, and manager of alternative energy projects and has been in the business of providing clean, cost-competitive electricity in the U.S. and Europe for 14 years.

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