This new company will be entering a strong market for power plant asset deal. This is because many sellers are trying to get out of the industry and selling plant for cheap while many buys are looking to pick up these cheaply sold utilities. In this particular case Quantum Energy wants to focus much more on the long term rather than the short term. A quote from their new president Mr. Kellerman shows this " "It is the right assets, in the right locations linked in with the right utility market where we can find undervalued generation that truly makes sense as a long-term resource." Quantum Energy wishes to get into natural gas, wind power, and solar power technologies because they believe that these are the new up incoming products this will be demanded highly in the future and Quantum Energy wants take advantage of this.
In my opinion I think that this new company in the market will add competition and possibly make it possible to buy cheaper solar and wind power because more companies will be competeing for customers. Overall this will create a more competitive market which is better for the economy and the consumers.
http://online.wsj.com/article/SB10001424052748704129204575506000363635496.html?mod=WSJ_Energy_leftHeadlines
Ryan Parker
The possibility of buying cheaper solar and wind power would be great. It could potentially create more energy and because these resources are renewable I think they will offer greater protection to the environmental.
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