SAIC Lands Deal to Build New England Biomass Plant
SAIC Inc. and the Carlyle Energy Mezzanine Opportunities Group have agreed to provide $225 million for construction of the Plainfield Renewable Energy biomass project, SAIC announced Monday.
SAIC said its work will include engineering, procurement, and construction services.
According to the company, the project will generate 37.5 megawatts of clean energy to power about 37,000 homes. The company also said wood from construction and demolition sites, wood pallets and land clearing materials will be used to power the project.
“This project requires an integrated set of capabilities across our energy, environment and infrastructure organization and will result in an innovative biomass facility that contributes to a secure and clean energy supply in the New England region,” said J.T. Grumski, an SAIC senior vice president.
The project, owned by an Enova Energy Group subsidiary, will be located in Plainfield, Ct. The facility is expected to be completed in December 2013.
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