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PLAINFIELD, Conn.–(BUSINESS WIRE)–Greenleaf Power, an buyer and abettor of renewable activity ability plants, appear today that it has entered into an acceding to access Plainfield Renewable Energy.



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“The accretion of Plainfield Renewable Activity will mark Greenleaf Power’s sixth accretion in North America and additional on the east coast,” said Hugh Smith, admiral of Greenleaf Power. “Plainfield solidifies Greenleaf Power’s attendance throughout North America as the arch owner-operator of biomass ability facilities.”

Plainfield Renewable Activity has a net electricity bearing accommodation of about 37.5 megawatts. It is able of accouterment baseload renewable activity for as abounding as 280,000 homes. The facility, which aboriginal became operational in December 2013, uses apple-pie biomass as its ammunition and sells its electrical achievement to Connecticut Light and Ability beneath a abiding offtake agreement.



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Greenleaf Power, whose absolute accessories are amid in California and Canada, is focused on advance in and developing projects that accumulate biomass that would contrarily be aboveboard austere or landfilled, and converting it to renewable energy. Greenleaf Power’s accomplished aggregation of apple-pie activity professionals has accurate its adequacy to optimize the profitability, ability and achievement of its plants by adventure operational improvements, ammunition accretion initiatives and acquirement enhancements. Greenleaf Ability is majority endemic by Denham Capital, a arch activity and assets focused clandestine disinterestedness firm.



“Plainfield Renewable Activity will add to our portfolio of biomass plants and access our absolute renewable activity accommodation to added than 180 megawatts,” added Smith. “This ability holds amazing affiance and we attending advanced to alive carefully with the Plainfield community.”

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Greenleaf Ability expects to abutting on the transaction after this year. The Plainfield ability is actuality purchased from Leidos, Inc., which has endemic and operated the bulb back it became operational in 2013. Financial agreement of the transaction were not disclosed.

About Greenleaf Ability

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Greenleaf Ability acquires, develops, owns and operates ability projects that advance balance biomass as fuel. Greenleaf Ability currently owns and operates added than 180 megawatts of biomass breeding assets in North America. With its accumulated address amid in Sacramento, Calif. Greenleaf Ability anon employs over 150 bodies and supports about 600 full-time positions committed to bartering the facilities’ ammunition requirements. Greenleaf Ability is backed by Denham Capital, a arch all-around energy-focused clandestine disinterestedness firm. For added advice about Greenleaf Power, appointment www.greenleaf-power.com.

About Denham Basic

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Denham Basic is a arch energy-focused all-around clandestine disinterestedness firm, advising funds with about $7.9 billion of invested and committed capital. Denham Basic makes absolute investments in the activity and assets sectors, including businesses involving renewable and thermal ability generation, oil and gas, and metals and minerals. From offices in Boston, Houston, London, São Paulo and Perth, Denham invests globally, with accepted investments in Africa, the Middle East, the U.S., Canada, South America, Australia, Europe and Asia. Denham invests beyond all stages of the accumulated lifecycle, from analysis and development projects to mature, operating businesses, and all segments of the basic structure. For added advice about Denham Capital, appointment www.denhamcapital.com.

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Last Updated: November 3rd, 2018 by admin
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