Page added on July 10, 2010
Now that the divorce is final between Matt Simmons and the boutique investment bank he took public in 1974, the outspoken energy guru is free to pursue his latest passion — offshore wind.
Simmons officially parted ways with Simmons & Co. International in mid-June, after several years serving in a reduced capacity.
Simmons created the Ocean Energy Institute in Rockland, Maine, three years ago, but for all intents and purposes, 2010 is the first year of actually doing business, and it was aided by the split from his previous career.
His exit from Simmons & Co. followed a prediction published in Fortune that by mid-July BP Plc would realize the severity of the Gulf of Mexico disaster and the associated clean-up costs, panic and file for Chapter 11.
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