Imperative Energy expands to the US
Imperative Energy, a company that provides biomass heat and power to the UK and Ireland, plans to expand its US presence by bringing its biomass developments overseas.
The company has formed a partnership with Northline Energy, a Lynnwood, Washington-based company that provides biomass combustion systems. The companies plan to invest $100 million (€75 million) over the next three years.
Northline's CEO Ron Kirkendorfer says: ‘Both of our teams share access to best-in-class Swiss technology, we are similar in size and background, and we share a common vision on how to develop the biomass sector in the US through energy contracting.’
Imperative Energy also wants to develop a facility with another partner, J.P. Prendergast in a proposed bio park in Taunton, Massachusetts. The development will consist of a biomass-fired combined heat and power plant, wood pellet production facility and biopharmaceutical plant.
Joe O'Carroll, MD at Imperative Energy, says: ‘The fundamentals for growing the biomass opportunity are: availability of sustainable biomass resources, rising fossil fuel prices, increasing energy demand, and strong policy and regulatory support for renewable energy. All of these factors are in play in many regions across the US, particularly in New England and the Pacific Northwest. While our initial focus will be in these locations, our partnership with Northline broadens our reach to all parts of the US.’