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Re: None

Thursday, 04/22/2010 12:36:04 AM

Thursday, April 22, 2010 12:36:04 AM

Post# of 103302
True, but as far as forcing a power purchase agreement, they have to be under 20mw. So as I said, same boat as laidlaw except PSNH wants a deal with laidlaw and wants nothing to do with CPD which is why they had to sue, and which is why they try to sabotage laidlaw at every turn. Could it be that laidlaw got a land deal closed first, has the boiler first($100m), has a power puchase agreement soon to be finalized right after permit is approved, if not before, LLEG had their financing while CPD is attempting to get grants and tax credits (free money from taxpayers) to finance their endeavor. Then they follow laidlaws lead and talk about a steam heat agreement for the mill which LLEG already has, steam heat for the town, which LLEG has already proposed, and so on. Also, if you look close at CPD, they were supposed to be up and running 4th quarter of 2009, then later, then later. Problem with them is they are all talk and planning and delays while LLEG is action and achieving its goals, such as the financing, land, boiler, permits and a new partner already into biomass that is impressed with LLEG. GOOD enough for an experianced partner to join LLEG, good enough for me.
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