Biomass developer Rollcast Energy will begin a sale of equity in the company after Labor Day to finance its 400 MW portfolio of projects. “We’re open to anything, but I would expect it would be a minority stake,” says Penn Cox, ceo in Charlotte, N.C. “A lot depends on who the investors are and what their constraints are,” he adds, noting the company has been in preliminary talks with some potential investors he declined to name.
August 27, 2008