Clean Power Development and Gestamp plan bioenergy projects

Spain-headquartered biomass plant builder and operator Gestamp Biomass and US renewable energy development company Clean Power Development will work together to develop, finance and operate biomass energy projects across the north-east region of the US.

While multiple projects are under consideration in New Hampshire, the first to move forward under the exclusive agreement will be a 29MW combined heat and power (CHP) biomass facility in Berlin, New Hampshire.

The agreement between Gestamp Biomass and Clean Power Development covers their joint activities in the six New England states of Maine, New Hampshire, Vermont, Massachusetts, Rhode Island and Connecticut, New York and Pennsylvania.

Under the agreement, Clean Power Development will identify and provide due diligence related to existing operational biomass facilities for possible acquisition by Gestamp Biomass and will also manage a portfolio of selected new biomass energy projects to be developed throughout the region.

Clean Power Development will provide a suite of services during acquisition, development, construction and operation of the Gestamp Biomass-owned projects and operating facilities.

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