Halifax American Energy (HAE) is to purchase 4MW of electricity from the planned $80m Concord Steam biomass plant in the US.
Halifax, an exclusive marketing agent in New England for South Jersey Energy, emerged the winner in a competitive bid to buy the electricity.
Go deeper with GlobalData
A total of 13MW has been sold to other electric utilities as the plant was required to sell the entire power output to secure funding.
Last month, the New Hampshire Executive Council and the Concord City Council signed an agreement to purchase electricity from the 17MW plant for a period of ten years through South Jersey Energy.
Concord Steam Corporation plans to begin construction of the plant by 31 December 2011.
See Also:
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
