Exergy ditches men’s cycling

Published: November 29, 2012 

Pro sponsorship ends: The owner of the struggling Boise renewable energy company, who blames utilities for killing his business projects, now blames doping for forcing him to pull his sponsorship money.

Cycling blind spot? Exergy Development Group CEO James Carkulis issued a statement Tuesday saying that his company will end its three-year support of a team, The Associated Press reported. He accused cycling of failing to grasp the sport’s “scandal and deceit.”

Women’s tour OK: Exergy continues to sponsor a women’s team and the Exergy Tour, an Idaho competition for women cyclists.

Other problems: Carkulis’ business has been foundering. Problems include $323 million in suspended Idaho wind projects; loss of control of a Minnesota wind farm; federal lawsuits targeting it for not meeting financial obligations; and the possible cancellation of two biogas-to-power projects amid a dispute with Idaho Power.

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