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Zilkha Renewable Energy Changes Name to Horizon Wind Energy; Names Alec Dreyer CEO

Posted on: Thursday, 25 August 2005, 09:00 CDT

Zilkha Renewable Energy, one of the nation's leading wind energy development companies, announced today that it has changed its name to Horizon Wind Energy.

In addition, Horizon has announced that Alec G. Dreyer will start as its new Chief Executive Officer in September. Mr. Dreyer has extensive experience in the power sector having built an IPP subsidiary of a public company and having recently been responsible for a generation business which encompassed approximately 13,000 megawatts in over ten states. He brings to Horizon significant expertise in power plant development, commercial asset management, contract negotiations, and regulatory and governmental relations.

"Horizon has an enviable track record in wind energy, an important growth sector for the power industry," Dreyer said. "It will be an honor to lead Horizon's strong team to the summit of the renewable power industry."

Houston, Texas-based Horizon has a portfolio of nearly 4,000 megawatts in various stages of development in a dozen states. Goldman Sachs purchased the company, formerly owned by the father-and-son team of Selim and Michael Zilkha, in June 2005. More information is available at www.horizonwind.com

Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

Source: Business Wire

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