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December 13th, 2010
Deere Completes $900 Million Sale of Wind-energy Business to Exelon Unit

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Deere & Co. completed the $900 million sale of its wind-energy business to a subsidiary of power generator Exelon Corp. The company said Friday it sold John Deere Renewables LLC to focus on its core farm-equipment business. Exelon, which is renaming the business Exelon Wind, said it was new to owning and operating wind projects and the deal brings its zero-emission generation capacity to nearly 19,000 megawatts. Read More