Sep 12, 2011
- Sara Rosner
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
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.
Set up your account today for full access to Power Finance & Risk.
Join our readership!
Want unlimited access, but don't feel quite ready to subscribe?
Jul 06, 2017 - Fotios Tsarouhis
For the first time in over three decades, renewables have overtaken nuclear plants in the race to power the U.S.
Jun 22, 2017 - Fotios Tsarouhis
There were many lessons to be learned at the 14th annual REFF Wall Street conference, such as: Not everyone's mother works for a hedge fund.
Jun 15, 2017 - Power Finance & Risk
Bankers have shot down plans reportedly floated by President Donald Trump to festoon his controversial Mexican border wall with solar panels, but not everyone is so skeptical.
© 2017 Euromoney Institutional Investor PLC. All material subject to strictly enforced copyright laws.
Please read our Terms and Conditions,