EnXco Buys Wood Waste Biomass Project in South Carolina
EnXco has purchased a biomass project from Roswell, Ga.-based Southeast Renewable Energy LLC for an undisclosed amount.
San Diego-based EnXco, a subsidiary of the EDF Group of Paris, said in a news release it purchased the Pinelands Biomass Project, which consists of two 17.8 megawatt energy generating facilities that use wood waste as a source. The facilities, in the South Carolina counties of Allendale and Dorchester, are under construction and expected to be online by the end of 2013.
EnXco said the counties have a substantial and reliable wood supply. "Utilizing wood waste to generate electricity is a proven renewable technology that complements EnXco's robust portfolio of wind, solar and biogas projects in North America," said Tristan Grimbert, EnXco president and CEO.
The two Pinelands facilities will connect to South Carolina-owned power utility Santee Cooper's transmission system adjacent to the sites. The renewable energy generated from the project will supply the utility under a 30-year agreement.
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