You are here

US energy groups provide financing to construct USD 225m biomass facility

New England plant will use wood and debris in low-risk gasification process to power 37,000 homes

The biomass facility will use wood waste to power 37,000 homes
The biomass facility will use wood waste in a low-risk gasification process to power 37,000 homes

Technology and energy companies are financing the construction of a USD 225m biomass project in the US. Science Applications International Corporation (SAIC) and the Carlyle Energy Mezzanine Opportunities Group have announced an agreement to provide financing to construct the USD 225m Plainfield Renewable Energy (PRE) biomass project in Connecticut, New England.

The New England region aims to lead in materials recycling, with the PRE project supporting that through the consumption of wood waste to produce renewable energy through a unique, proven and low-risk gasification process.

It will consume wood readily available from various sources, such as construction and demolition debris, recycled wood pallets, and land clearing materials.

The PRE project is owned by a subsidiary of Enova Energy Group and located on a 27-acre site in Plainfield, Connecticut. It will generate 37.5MW of clean energy to power the equivalent of 37,000 homes.

US electric utility Connecticut Light & Power will purchase power from the plant based on a 15 year off-take agreement, utilising the plant's status as a renewable power source.

The plant will also employ Best Available Control Technology (BACT) to control emissions and is fully certified as a renewable power source in Connecticut.

SAIC will provide engineering, procurement, and construction services for the project under a fixed-price, date certain contract.

J.T. Grumski, SAIC senior vice president, said: “At SAIC, we help our customers tackle the growing need for a renewable and secure energy supply. This project requires an integrated set of capabilities across our energy, environment and infrastructure organisation. It will result in an innovative biomass facility that contributes to a secure and clean energy supply in the New England region.”

The project will create 400 jobs, including 300 during the two years of construction. Construction is expected to be complete in December 2013.

Paul Sweet, the town of Plainfield first selectman, said: “This project is great news for Plainfield, the region, and the state. It will create 400 jobs, bring more than USD 800,000 per year of tax revenues to the town, and increase the supply of electricity to the region. It represents exactly the type of renewable energy projects that the state should attract.”