New Venture Forms Bioenergy Platform

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1425334041729-0'); });

ReEnergy Biomass Operations LLC and Ember Infrastructure announced plans to enter into a joint venture to create a bioenergy platform. The company will be named ReGenerate Energy and will be led by team members from ReEnergy and Ember. The new company will acquire an ownership interest in ReEnergy’s two biomass power plants in Maine, ReEnergy Stratton and ReEnergy Livermore Falls, and will look to expand the platform through the acquisition of additional bioenergy assets across North America.

Larry Richardson, CEO of ReEnergy Holdings and one of its co-founders, comments, “This is an exciting time in the history of ReEnergy. With the combination of Ember’s capital and experience in the energy industry, and ReEnergy’s expertise in the bioenergy sector, we look forward to a period of new growth and innovation.”

The transaction is expected to close this summer.

ReEnergy Biomass Operations LLC is a wholly owned subsidiary of ReEnergy Holdings LLC, which was formed in 2008 by a senior management team. ReEnergy Holdings LLC also owns ReEnergy Black River, a 60 MW biomass power facility located on the Fort Drum U.S. Army installation near Watertown, NY, and ReSource Waste Services LLC, which operates five facilities in New England that recycle construction and demolition waste materials.

Founded in 2018, Ember is a New York-based private equity firm delivering capital solutions to businesses and assets seeking to reduce carbon intensity and enhance resource efficiency.

RELATED ARTICLES:

ReGenerate Purchases Biomass Power Facility

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1446841792559-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-5'); });

Latest news

Election May Give New Hope For Arizona Biomass

A major reshuffling of candidates for the Arizona Corporation Commission may bring new life to a derailed effort that would expand biomass utilization in the state to help facilitate much-needed forest thinning and restoration efforts.…

Alaska Coal Firm Acquires Pellet Mill

Officials with Alaska-based Usibelli Mines, Inc. recently announced the company has acquired Superior Pellet Fuels of Fairbanks, which produces wood pellets and briquettes for local markets. New Usibelli subsidiary Aurora Energy Solutions is also installing…

SUNY Cobleskill Gasifier Wins $5.8M Wildfire Grant

A $5.8 million grant from the California Department of Forestry and Fire Protection was awarded to the State University of New York (SUNY) at Cobleskill for a gasifier project that converts woody biomass into clean…

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-4'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-1'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383682827953-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383684651698-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1423518257203-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1423518257203-1'); });
Subscribe to Our Newsletter

Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.

Subscribe Now
Subscribe/Renew

Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.

Complete the Form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us