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Laidlaw Files for Permit with State of New Hampshire for 70 Megawatt Biomass Fueled Power Plant
Date : 12/17/2009 @ 8:00AM
Laidlaw Files for Permit with State of New Hampshire for 70 Megawatt Biomass Fueled Power Plant
Laidlaw Berlin BioPower, LLC (“Laidlaw”) announced today that it has filed its all-inclusive permit application with the New Hampshire Site Evaluation Committee seeking the requisite approvals to construct and operate a nominal 70 megawatt biomass-energy facility to be located at the former Fraser Papers pulp mill in Berlin, NH. Laidlaw completed the acquisition of the site last December with a group of private equity investors and since that time has been preparing its permit filing and negotiating the other material contracts for the project, including a long-term power purchase agreement. With the completion of this significant milestone, the Laidlaw project has taken a major step forward The permitting process before the New Hampshire Site Evaluation Committee is expected to take approximately nine months, based on the expedited review process that the State of New Hampshire affords to renewable energy facilities. The NHSEC process is the primary mechanism for obtaining the approvals necessary to construct and operate the facility
Laidlaw President and CEO Michael Bartoszek was quoted stating “We are confident that we have a strong application worthy of this important project and we look forward to working collaboratively with the Site Evaluation Committee, as well as state and local representatives throughout the review process. We are convinced that this project will be a source of pride for the State of New Hampshire and the City of Berlin, and we appreciate and will continue to build on the strong support we have received from the citizens of Berlin and Mayor-elect Paul Grenier.” For further information on Laidlaw please see www.laidlawenergy.com
This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, business prospects, technological developments, potential markets, new products, research and development activities and similar matters. Such statements constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. All statements based on future expectations rather than historical facts are forward looking statements that involve a number of risks and uncertainties, Laidlaw provides no assurance that such statements will prove to be correct. Laidlaw undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise |
