Duke energy

Back

Situational Analysis

      Energy Investors Funds (“EIF”) sought to divest the wind energy assets of its majority-owned subsidiary Tierra Energy Holdings, LLC (‘Tierra”) in a negotiated transaction with a wholly owned subsidiary of Duke Energy Corporation (“Duke”).

      Tierra had over 1,000 MW of wind power development assets in the western and southwestern United States.

      The acquisition allowed Duke to jump-start its entry into the wind power business as part of its strategy to increase its presence in renewable energy.

       

      Fieldstone Role


        Fieldstone acted as exclusive financial advisor to the Board of Directors of Tierra Energy.