PINELANDS BIOMASS

Development and sale

  • Development of all aspects of two 20 MW wood fired biomass units including negotiation of PPAs with Santee Cooper for full take or pay offtake.
  • PPA included innovative fuel cost pass-through mechanism linked to forest to market index.
  • Negotiation of design build agreements with Summit Industrial Construction and related equipment supply agreements with Factory Sales Engineering and General Electric.
  • Negotiation of sale of project to EDF.
  • Commercial operation in November 2013.