The Conti Group Spins Off Alternity Wind Power

With a plan to help early stage wind power projects come to fruition, the Conti Group, a 100-year-old diversified construction and engineering services firm, has formed Alternity Wind Power, LLC, a late stage, integrated developer of utility-scale wind farm projects in North America. The spin-off will work with early stage wind project developers to engineer, construct and commission wind power operations across North America.

Alternity Wind Power is currently establishing partnerships with early stage wind project developers, landowners, turbine manufacturers, utilities and local communities to develop wind farms with capacities of 50 megawatts (MW) or greater. The firm plans to create a portfolio of more than 2,100 MW of wind power capacity in North America by 2012.

“Currently, developers of wind projects often come up against obstacles that prevent them from moving their wind projects beyond the early stage,” said Jack Gelman, Alternity Wind Power President and CEO. “We intend to position ourselves as the preferred partner for these early stage developers, enabling them to move their projects ahead quickly and efficiently.”

Alternity Wind Power plans to use a team approach on wind projects. According to a company press release, Alternity will “partner with all interested stakeholders to ensure that everyone benefits significantly from these projects.”

“Wind power is the most cost-competitive form of renewable energy available today and, in good locations, its generation costs are very close to those of coal and natural gas,” said Gelman. “We believe wind power has the potential to eventually supply up to 20 percent of U.S. electricity needs.”

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