Laidlaw Energy Group, Inc.(fka LLEG)

[noload]

Yes, I am up to speed. To those who would cast aspersions, I can only say that my statements are based on fact, not conjecture, wishes, dreams or hyperbole.

NH statute (RSA 162) establishes the requirements for site evaluation of any power producing facility in excess of 30MW.
The link to that information is: http://www.gencourt.state.nh.us/rsa/html/NHTOC/NHTOC-XII-162-H.htm
That procedure is implemented by the state public utilities commission, whose link is; http://www.puc.state.nh.us/Home/sec.htm
A careful reading of the information will substantiate the 10 month time period and the requirement to complete all permitting before beginning construction.

As to time for construction, I will admit that 18-24 months that I predict is based on 40 some years of experience and not on any written materials that I can reference. However, if you consider the amount of work to modify the existing boiler from a black liquor operation to steam production, purchase and install a complete turbine generator operation and perform all of the other steps necessary . . . 18 months is a bare minimum.

Regarding the lack of transmission capacity in the region. That has been well documented by the regional transmission organization, whose web link is: http://www.iso-ne.com/
The study currently being planned by the state is the source of senate bill #383 which can be found at; http://www.gencourt.state.nh.us/legislation/2008/SB0383.html

The study done by the utilities commission may be found at;
http://www.puc.state.nh.us/dtsearch/makeframe.asp?request=transmission+infrastructure&index=%2FNHPUC+Search+Index&SearchForm=%2FdtSearch%2FdtSearch_form.html&cmd=search&autoStopLimit=5000&stemming=Yes&maxFiles=10&stemming=yes

Both of the above will substantiate the lack of transmission capacity and speak to the extended time period that will be required to upgrade the 60 some miles of transmission lines across the mountains of northern NH. In particular the PUC study cites 4 possible solutions, ranging in cost from $160 to $210 million (2005 money).

As to the imminent closing on the property. I can only suggest that anyone who is interested simply go back and review for yourself the companies news releases posted on their web site, starting with the April 2, 2007 release where they state that they "are expected to close within the next several months". On August 27th they announced that the expected to close on the property within the next 60 days. December 10th they said they were on track to close on the property around the end of the year. On January 11th a purchase agreement was imminent. On February 19th they were finalizing arrangements. Here we are over a year later, and . . .

While we're talking truth. If anybody had bothered to do the homework, they would find that the $1 million grant announced in LLEG's January 9th press release was really awarded (and announced) in 2004. Fact.

Bottom line - facts and the truth will always prevail.