Company Info
The company believes the current regulatory environment will expose upside potential for strategically placed investments in alternative energy including wind, solar and bio-fuel. Already, the stimulus package has set aside $47 billion for renewable energy incentives, including tax breaks for wind and solar aimed at attracting private and institutional capital back to the sector. The amount of wind power that the United States can generate has doubled to more than 20 gigawatts in the last two years. Renewable-energy policies, such as state mandates that require utilities to get a certain amount of their energy from renewable sources, have helped drive the growth of U.S. wind from 10 gigawatts in 2006.
The American Solar Energy Society (ASES) and Management Information Services, Inc (MISI), an economic research firm based in Washington D.C., recently released a report on the renewable energy and energy efficiency or RE&EE industries in the US and Colorado. For 2007, the latest year compiled statistics were available, the report found that the U.S. renewable energy and energy efficiency industries generated $1,045 billion in sales and created over 9 million jobs. Golden Energy will sell properties or positions when management is of the opinion that the sale price realized will provide an above average rate of return for the property or when the property no longer matches our rate of return profile. CORE COMPETENCIES
INVESTMENT STRATEGIES
RISK MANAGEMENT
deals and recapturing a portion of initial capital
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