• News
• Biomass

Greenleaf Power LLC is taking over Plainfield Renewable Energy

US renewable energy firm Greenleaf Power LLC has sealed a deal to take over Plainfield Renewable Energy, which runs a 37.5-MW biomass power facility in Connecticut. Greenleaf is buying the plant from Leidos Inc for an undisclosed price. The transaction is seen to close later this year. Thanks to this purchase, Sacramento-based Greenleaf will expand its own portfolio of biomass power facilities to more than 180 MW.

Plainfield facility

These plants are located in the company’s home state of California and in Canada. The Plainfield facility has been operating since December 2013, producing enough renewable power per year to meet the needs of up to 280,000 households. It sells its generated electricity to Connecticut Light and Power under a long-term off-take deal. This would be Greenleaf’s sixth acquisition in North America and second on the US east coast, said company president Hugh Smith. by Ivan Shumkov Ivan Shumkov is the mergers and acquisitions expert in SeeNews Renewables with a passion for big deals and ambitious capacity plans.

Stobart biomass division is to make a deal

Refining biomass in Italy

Biomass Related News

• New international climate agreement of carbon losses
• RPD and XOOM Energy Team Companies declare about its alliance
• Cochran Ltd. and Scot Heat & Power Ltd. cooperate on bioenergy for industrial market
• Australia transits to solar power generation
• The largest solar panel in Europe
• 4 US ethanol plants are to be sold by Abengoa Bioenergy
• Drax is criticised over use of subsidies for coal and wood-burning power station
• The effect of regime parameters on pressing efficiency and quality of wood pellets
• Refining Biomass in the Slovak Republic
• Biomass and bioenergy

All biomass news