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November 23, 2007
Airtricity Wind Co. Up for Sale at €2B

Irish wind energy power generating company Airtricity is in play with a €2B valuation, according to the Irish Indpendent. Currently lobbying to build a state of the art Supergrid, Airtricity has wind farms in the US and the UK/Ireland regions. (image source:airtricity.com)
Despite being a capital intensive business, the early investors in this eight year old venture stand to make stellar returns. The shareholders include private investors, a utiltiy company, and investment firm One51, as well the firm's CEO, according to a report in the Irish Independent. The article details the multiples expected.
Posted on November 23, 2007 06:20 AM | Posted to Alternative Energy | Permalink
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