Most likely the tax credits for "wind energy" ran out of this division making it an ideal time for Deere to sell this business.
Exelon, who bought the wind business from Deere, is an interesting energy company in its own right.
We've probably seen the end of new wind energy projects in the near time, with lots of trading back and forth of current wind farms. If not the end of new wind energy projects, certainly a lot fewer.
bruce
ReplyDeletelooks like the NDIC has been stuck on 166 active rigs all morning
Wow, the first time I don't check, and you beat me to it.
ReplyDeleteThank you.