Electric Utility Exelon Buys John Deere Wind Business for $860 Million

While construction activity in the wind market has declined in 2010 because of on-again, off-again federal subsidies for wind development, bureaucratic red tape, and local NIMBY (not in my back yard) resistance to development, there’s still plenty of signs of life blowing through the business.

Exelon Corp., Chicago, recently announced a deal valued at $860 million to acquire John Deere Renewables, a developer of wind power, in a transaction that will add 735 operating megawatts to Exe

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