Japan’s IHI Buys Stakes in California Power Plants From Exelon
IHI bought shares in three biomass power plants and two coal-fired stations, which the company plans to convert to biomass, IHI said in a statement today without disclosing any financial details.
The two coal-fired plants are Rio Bravo Jasmin and Rio Bravo Poso stations, each with a capacity of 33 megawatts, according to the statement.
The rest of the plants, all biomass, are the 25-megawatt Chinese Station, Rio Bravo Rocklin and Rio Bravo Fresno, both with 28 megawatts of capacity, the statement said.
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