Escondido, CA—October 19, 2006—enXco, Inc. is pleased to announce the creation of Northwest Wind Partners, LLC, a joint venture between Power Holdings, a subsidiary of the Ross Management Group and enXco.
This Joint Venture brings together enXco's experience and skills in successful project development and partners it with an excellent pipeline of projects developed by Power Holding. It also brings to enXco the Ross family's strong local connections, experience in land acquisitions and their detailed understanding of the permitting process in the Pacific Northwest region. Northwest Wind Partners will focus its development activities in Washington and Oregon States along the Columbia River in the vicinity of Goldendale, WA which is the historical stronghold of the Ross Management Group.
Ty Ross, Power Holding Ltd, said, "The Ross Family of Goldendale is excited and looking forward to their partnership with enXco. We think it is the beginning of a long and prosperous relationship for both parties."
Tristan Grimbert, President & Chief Operating Officer of enXco said, "The enXco team especially appreciates the entrepreneurial qualities that the Ross family has consistently demonstrated with in all aspects of their business. This joint venture brings a lot of short and long term opportunities to both partners in a geographical area of promising growth."
Ross Management (www.rossmgt.com) is the management parent for a group of family owned businesses, which includes Power Holding. Ross Management was founded by Ty Ross of Goldendale, Washington. Mr. Ross started as a contractor 40 years ago. The family management team has built a group of companies that focus on necessary urban services such as solid waste management and energy generation. In addition, the Ross Management team is engaged in projects tied to government contracts and real estate development of long term appreciable assets.
enXco, Inc. (www.enXco.com) develops, constructs, operates and manages wind energy projects throughout the United States. Since 1987 enXco has grown to be a significant owner of wind-energy installations in the United States and one of the leading developers of wind-energy projects. enXco is currently the largest O&M 3rd party provider for wind farms, currently servicing more than 4200 turbines and more than 1100 MW. enXco is an affiliate of EDF Energies Nouvelles (www.edf-energies-nouvelles.com).