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Noble sells Michigan wind farm to John Deere, lays off staff
Connecticut-based project developer Noble Environmental has sold both phases of its 159MW Noble Thumb wind farm to John Deere and has laid off an unspecified number of staff.
The move appears to be part of a company effort to raise cash and reduce costs. New Energy Finance could not reach a current spokesperson for comment.
The Federal Energy Regulatory Commission approved the sale of the Noble Thumb project on October 14, according to a commission document. The two companies first notified FERC of their intentions on August 27.
October 23, 2008
in Clean Edge News
Connecticut-based project developer Noble Environmental has sold both phases of its 159MW Noble Thumb wind farm to John Deere and has laid off an unspecified number of staff.
The move appears to be part of a company effort to raise cash and reduce costs. New Energy Finance could not reach a current spokesperson for comment.
The Federal Energy Regulatory Commission approved the sale of the Noble Thumb project on October 14, according to a commission document. The two companies first notified FERC of their intentions on August 27.
Noble Thumb is being developed in two phases. In July, Noble announced... [continue via Web link]
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