Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

Laidlaw to Acquire 14-Megawatt Biomass Project in California

Laidlaw Energy Group Inc., a New York-based power-plant developer, agreed to buy a 14-megawatt biomass facility in California.

Laidlaw plans to invest about $20 million to upgrade the Susanville plant over the next 12 months, the company said today in a statement that did not disclose the price.

The seller is Renegy Holdings Inc., which is partly owned by the French renewable energy company Hanalei Renewables. Both companies will become equity holders in Laidlaw and will be issued a new class of preferred shares. Laidlaw is negotiating a 20-year to 30-year power-purchase agreement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.