MADISON, USA: Alliant Energy Corp. has engaged UBS Investment Bank to assist with the sale of its non-regulated subsidiary RMT Inc. (RMT), a renewable energy engineering, procurement and construction (EPC) contractor.
Earlier this month, the Alliant Energy Board of Directors approved a plan to sell the RMT business. RMT is an EPC contractor specializing in the design and construction of wind and solar electric energy generating facilities.
RMT's experienced construction crew is backed by in-house engineering and development support professionals who have provided engineering, procurement and civil and electrical infrastructure construction for over 5,000 MW of renewable energy projects across 26 states. RMT was founded in 1977 and began working in the renewable energy field in the mid-1990s. The company is based in Madison, Wis.
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