Investment shop Cate Street Capital has wrapped a financing package backing its $275 million, 75 MW wood waste-fired biomass project in Berlin, N.H. EA Markets is the advisor on the deal that closed last week.

The financing consists of a $200 million private placement with remaining costs funded by an undisclosed tax equity investor, equity from Portsmouth, N.H.-based Cate Street and from another undisclosed investor. The plant, which was a former paper mill, has a 20-year power purchase agreement with Public Service of New Hampshire and a long-term fuel supply agreement with Richard Carrier Trucking. Operation is slated for the end of 2013.

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