CHICAGO, Feb. 1, 2013 /CNW/ - Infrastructure and Energy Alternatives, LLC
(IEA) announced today that it has closed on the acquisition of renewable
energy construction and engineering firm RMT Inc. (RMT), previously owned by
Alliant Energy Corporation.
IEA is a leading provider of engineering, procurement and construction
services to a variety of markets including renewable energy and fossil fuel
generation across North America. RMT will become a subsidiary of IEA working
in their renewable energy group along with existing IEA subsidiary White
"The addition of RMT strategically strengthens our customer base and the
services we provide as a leader in the engineering and construction of
renewable energy projects," said Paul Daily, IEA Chief Executive Officer. "RMT
brings a new dimension to IEA in the form of its energy project development
group. Additionally, RMT has a substantial portfolio of utility-scale
renewable energy construction projects that they have completed across the US.
Together RMT and White Construction have more than 9,500 megawatts of
experience in the renewable energy industry providing IEA with a remarkable
base from which to serve our clients."
RMT will remain headquartered in Madison, Wisconsin under the leadership of
newly appointed President, John Kennedy. Mr. Kennedy brings to RMT over 25
years of engineering and construction leadership expertise. Throughout his
career he has worked in the energy and infrastructure markets holding high
level positions at Exelon, InfraSource, Stone and Webster and Roberts and
Schaefer. Paul Daily noted, "We are pleased to have someone with John's broad
industry experience to lead RMT and we believe that his expertise will help
accelerate the company's growth and maximize opportunities and synergies
within the IEA organization."
John Kennedy, RMT's new President added, "I am excited to join RMT and the IEA
organization which has strategically positioned itself for impressive growth
in multiple markets. I am confident RMT will transition well into the IEA
organization and as a team we can significantly grow our service offerings."
About Infrastructure & Energy Alternatives, LLC Infrastructure & Energy
Alternatives, LLC is a holding company established to acquire and manage
industry-leading businesses for significant and sustainable growth
opportunities in the energy, water and environmental infrastructure services
markets across North America. For more information, visit www.iea.net.
About RMT, Inc. RMT is a leading EPC contractor specializing in the design and
construction of wind and solar electric energy generating facilities and
high-voltage transmission lines. RMT's experienced construction crew is backed
by in-house engineering and development support professionals. RMT's EPC
renewable energy portfolio includes over 5,000 MW. The company is
headquartered in Madison, Wisconsin. For more information, visit
Alyson White Hanson or Kim Early, +1-765-832-8526
PRN Photo Desk, email@example.com
SOURCE: Infrastructure and Energy Alternatives, LLC
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-0- Feb/01/2013 13:01 GMT
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