October 2010

Atlantic Power Obtains $133M for Biomass Project

Atlantic Power Corp. has secured $82 million of construction capital and a $51 million bridge loan to develop a 53.5 MW biomass plant in a suburban pocket, 70 miles south of Atlanta. Atlantic Power got non-recourse, project-level financing for Piedmont Green Power, the Boston-based company’s first biomass plant. About 95 percent of the bridge loan […]

Duke Energy Biomass Projects to Count as Renewable

North Carolina power company Duke Energy has won approval to count five biomass co-generation units toward renewable energy standards. Regulators rejected an attempt by opponents to intervene in the company‚Äôs application to register two units at its Buck Steam Station plant and three units at its Lee Steam Station as producing renewable energy. The 370MW […]


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