Deere & Co.’s recent agreement with Exelon Corp. to offload its wind-farm division for $900 million comes at a time when construction activity in wind power is anything but breezy. Photo: Tudor Van Hampton For ENR A lack of federal legislation for renewable energy is holding back the market for wind power and green jobs, supporters say. “The overall economy has affected this market,” says Tom Wacker, senior vice president of M.A. Mortenson Co., Minneapolis. “But the business has very much experienced a boom-and-bust cycle, and that’s because of the lack of consistent federal legislation.” During 2010’s first half, Mortenson
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.