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Deere &?Company has announced that it will review strategic options for its wind energy business and has retained Goldman, Sachs & Co. as exclusive financial advisor to assist in the initiative.
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Deere said no formal decisions have been made and no agreements have been reached concerning the company's long-term investments in wind energy projects that are either operational or in development in several states of the USA. Deere has been involved in the financing, development, and ownership of wind energy projects for the past five years. Currently, Deere has 34 wind energy projects in seven states with operational capacity of 706MW. In addition, the company has numerous wind energy projects in development.
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