GreenWorld, Swiss Firm Form Partnership for Multiple Waste-to-Energy Facilities

GreenWorld Development Inc. and a Swiss energy firm have formed a partnership agreement to buy and develop multiple waste-to-energy facilities.

Atlanta-based GreenWorld said in a news release that with Zurich-based 3Power Energy Group Inc. they will acquire a biomass/wood pellet plant in North Carolina and develop multifunctional energy centers at the Green Mountain landfill site in Alabama. The site will include a waste tire-to-energy facility, a municipal waste-to-energy plant and biomass for energy operations. 3Power, with expertise in wind energy projects, will also develop with GreenWorld a wind power plant.

"We at GreenWorld are delighted to join forces with 3Power. The synergies are obvious – we both concentrate on renewable energy," said GreenWorld CEO Leo Heinl.