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LLEG: Extension of 1603 tax credits included in Senate's version of tax bill. The bill will be voted on TODAY December 13, 2010.
“The 1603 tax credit has created flexibility for funding renewable energy projects and is fundamental for keeping the solar industry growing in America.” He added that the program supported $18 billion in new renewable energy projects and enabled 1,100 projects in 42 states."
http://www.cleanenergyauthority.com/solar-energy-news/treasury-grant-1603-121010/
From Laidlaw's petition for expedited consideration of their 70MW Biomass power plant in Berlin, NH:
"Specifically, the Project’s financing plan utilizes a program established under Section 1603 of the American Recovery and Reinvestment Act of 2009 (the “1603 Program”) which provides cash to qualifying renewable energy investment in lieu of the investment tax credit otherwise available under Section 48 of the Internal Revenue Code (the “ITC Credit”). The 1603 Program is available only to qualifying facilities that commence construction prior to January 1, 2011. (~ç Sec. 1603(a)(2))."
http://www.puc.state.nh.us/regulatory/CaseFile%5C2010%5C10-195%5CMOTIONS-OBJECTIONS%5C10-195%202010-08-17%20Laidlaw%20Berlin%20BioPower%20Pet%20for%20Intervention%20and%20Motion%20for%20Expedited%20Consideration.PDF
A 4th bid!
Unfortunately the bid was for "moose and squirrel". Whatever that means. ;)
LLEG: Extension of 1603 tax credits included in Senate's version of tax bill. The bill will be voted on TODAY December 13, 2010.
“The 1603 tax credit has created flexibility for funding renewable energy projects and is fundamental for keeping the solar industry growing in America.” He added that the program supported $18 billion in new renewable energy projects and enabled 1,100 projects in 42 states."
http://www.cleanenergyauthority.com/solar-energy-news/treasury-grant-1603-121010/
From Laidlaw's petition for expedited consideration of their 70MW Biomass power plant in Berlin, NH:
"Specifically, the Project’s financing plan utilizes a program established under Section 1603 of the American Recovery and Reinvestment Act of 2009 (the “1603 Program”) which provides cash to qualifying renewable energy investment in lieu of the investment tax credit otherwise available under Section 48 of the Internal Revenue Code (the “ITC Credit”). The 1603 Program is available only to qualifying facilities that commence construction prior to January 1, 2011. (~ç Sec. 1603(a)(2))."
http://www.puc.state.nh.us/regulatory/CaseFile%5C2010%5C10-195%5CMOTIONS-OBJECTIONS%5C10-195%202010-08-17%20Laidlaw%20Berlin%20BioPower%20Pet%20for%20Intervention%20and%20Motion%20for%20Expedited%20Consideration.PDF
Can anyone explain this?
It's been a great long term hold. No dilution, great business plan, been an exciting year. Check the weekly:
==LLEG== LaidLaw Energy Group Information & DD:
"Laidlaw Energy is one of a small number of innovative companies that has developed and actively pursued the strategy of converting fossil fuel and idled power plants, as well as idled pulp and paper mills, to modern, environmentally advanced biomass-energy facilities."
Laidlaw Energy's business objective is to build a profitable portfolio of biomass energy plants and become the leading provider of biomass energy in the United States. In so doing, Laidlaw Energy intends to make a positive impact on the environment by providing a cleaner alternative to fossil fuel power, which will in turn help reduce greenhouse gas emissions that contribute to global warming and climate change."
Laidlaw Berlin Biopower - 70MW biomass facility to be built in Berlin, NH
PSNH has agreed to buy 100% of the power output and Renewable Energy Certificates from Laidlaw
Power Purchase Agrement to purchase 100% of Laidlaw Berlin's power for $1.43 Billion over 20 years
Biomass Magazine: Laidlaw and PSNH Reach Power Purchase Agreement
NH Site Evaluation Committee Approves Laidlaw Permit Application for 70 MW Biomass Facility
Shaheen announces $200,000 for North Country Biomass energy projects
Bioenergy company Laidlaw BioPower appoints [U.S. Representative Charles Bass (R-NH) to board of directors
Laidlaw Letters of support from NH Statesmen
Ware Cogen - 10MW plant in Ware, MA that Laidlaw has signed a letter of intent to acquire
Thermal Energy plant in New Bedford, MA - Laidlaw has executed a Memorandum of Understanding with an affiliate of a Massachusetts based private equity firm to initially lease and subsequently acquire an operating oil and gas fired power plant in Southeastern Massachusetts. The plant is situated in an industrial park and currently serves the thermal energy needs of a leading developer and manufacturer of photovoltaic products and technology. Laidlaw plans to convert the plant to biomass power to serve the electric and thermal needs of the photovoltaic company, with the balance of the plant’s electricity to be exported to the grid and sold to a local utility pursuant to a long-term contract.
Site Evaluation Committee begins deliberating on Laidlaw permit
http://www.laconiadailysun.com/BerlinPDF/2010/9/21B.pdf
Deliberations on Laidlaw application to get underway
http://www.laconiadailysun.com/BerlinPDF/2010/9/14B.pdf
PUC sets hearing on power agreement for Laidlaw biomass plant
http://www.laconiadailysun.com/BerlinPDF/2010/9/2B.pdf
Laidlaw hearing continued until September 10
http://www.laconiadailysun.com/BerlinPDF/2010/9/1B.pdf
Wood issues dominate second day of Laidlaw hearing
http://www.laconiadailysun.com/BerlinPDF/2010/8/25B.pdf
Hearing on Laidlaw biomass plantunderway in Concord
http://www.laconiadailysun.com/BerlinPDF/2010/9/22B.pdf
Hearing on Laidlawbiomass plant underway in Concord
http://www.laconiadailysun.com/BerlinPDF/2010/8/24B.pdf
Deliberations on Laidlaw application to get underway
http://www.laconiadailysun.com/BerlinPDF/2010/9/14B.pdf
Full Local support for Laidlaw's proposed 70MW Biopower plant
http://www.nhsec.nh.gov/2009-02/documents/100909aver_letter.pdf
Laidlaw makes charitable $10,000 donation to Berlin Youth Hockey
U.S. Representative Charles Bass giving a presentation by Laidlaw Energy Group to the University of New Hampshire
http://www.puc.nh.gov/Regulatory/Docketbk/2010/10-195.htm
http://www.nhsec.nh.gov/2009-02/index.htm
Laidlaw Energy to Become Fully Reporting SEC Registrant (10/26/2010)
==LLEG== Daily:
==LLEG== Weekly:
==LLEG== LaidLaw Energy Group Information & DD:
"Laidlaw Energy is one of a small number of innovative companies that has developed and actively pursued the strategy of converting fossil fuel and idled power plants, as well as idled pulp and paper mills, to modern, environmentally advanced biomass-energy facilities."
Laidlaw Energy's business objective is to build a profitable portfolio of biomass energy plants and become the leading provider of biomass energy in the United States. In so doing, Laidlaw Energy intends to make a positive impact on the environment by providing a cleaner alternative to fossil fuel power, which will in turn help reduce greenhouse gas emissions that contribute to global warming and climate change."
Laidlaw Berlin Biopower - 70MW biomass facility to be built in Berlin, NH
PSNH has agreed to buy 100% of the power output and Renewable Energy Certificates from Laidlaw
Power Purchase Agrement to purchase 100% of Laidlaw Berlin's power for $1.43 Billion over 20 years
Biomass Magazine: Laidlaw and PSNH Reach Power Purchase Agreement
NH Site Evaluation Committee Approves Laidlaw Permit Application for 70 MW Biomass Facility
Shaheen announces $200,000 for North Country Biomass energy projects
Bioenergy company Laidlaw BioPower appoints [U.S. Representative Charles Bass (R-NH) to board of directors
Laidlaw Letters of support from NH Statesmen
Ware Cogen - 10MW plant in Ware, MA that Laidlaw has signed a letter of intent to acquire
Thermal Energy plant in New Bedford, MA - Laidlaw has executed a Memorandum of Understanding with an affiliate of a Massachusetts based private equity firm to initially lease and subsequently acquire an operating oil and gas fired power plant in Southeastern Massachusetts. The plant is situated in an industrial park and currently serves the thermal energy needs of a leading developer and manufacturer of photovoltaic products and technology. Laidlaw plans to convert the plant to biomass power to serve the electric and thermal needs of the photovoltaic company, with the balance of the plant’s electricity to be exported to the grid and sold to a local utility pursuant to a long-term contract.
Site Evaluation Committee begins deliberating on Laidlaw permit
http://www.laconiadailysun.com/BerlinPDF/2010/9/21B.pdf
Deliberations on Laidlaw application to get underway
http://www.laconiadailysun.com/BerlinPDF/2010/9/14B.pdf
PUC sets hearing on power agreement for Laidlaw biomass plant
http://www.laconiadailysun.com/BerlinPDF/2010/9/2B.pdf
Laidlaw hearing continued until September 10
http://www.laconiadailysun.com/BerlinPDF/2010/9/1B.pdf
Wood issues dominate second day of Laidlaw hearing
http://www.laconiadailysun.com/BerlinPDF/2010/8/25B.pdf
Hearing on Laidlaw biomass plantunderway in Concord
http://www.laconiadailysun.com/BerlinPDF/2010/9/22B.pdf
Hearing on Laidlawbiomass plant underway in Concord
http://www.laconiadailysun.com/BerlinPDF/2010/8/24B.pdf
Deliberations on Laidlaw application to get underway
http://www.laconiadailysun.com/BerlinPDF/2010/9/14B.pdf
Full Local support for Laidlaw's proposed 70MW Biopower plant
http://www.nhsec.nh.gov/2009-02/documents/100909aver_letter.pdf
Laidlaw makes charitable $10,000 donation to Berlin Youth Hockey
U.S. Representative Charles Bass giving a presentation by Laidlaw Energy Group to the University of New Hampshire
http://www.puc.nh.gov/Regulatory/Docketbk/2010/10-195.htm
http://www.nhsec.nh.gov/2009-02/index.htm
Laidlaw Energy to Become Fully Reporting SEC Registrant (10/26/2010)
==LLEG== Daily:
==LLEG== Weekly:
AI
