Laidlaw Energy Group, Inc.(fka LLEG)

[Grozny]

INVESTORS READ HERE ABOUT LLEG's FUTURE PROJECTS!!

Northern California Project
Laidlaw recently signed a Letter of Intent ("LOI") to acquire an approximately 13 MW idol biomass power plant in Northern California in an all-stock acquisition. The plant’s assets include a boiler capable of producing 160,000 pounds per hour of steam and a turbine that can generate approximately 13 MW of base-load electricity. This project is in an advanced stage of development, including being in final negotiations for a long-term power purchase agreement to sell all of the plant’s electrical output. The project also has the possibility for an additional of 3.5 MW of photovoltaic solar generation.

Read Press Release


Massachusetts Combined Heat and Power with Solar Project
Laidlaw is currently developing a unique hybrid energy project combining an advanced biomass combined heat and power system with a photovoltaic solar array with a generation capacity of approximate 10-megawatts. This project is designed to take over a currently operating natural gas thermal energy plant, and convert it to biomass while continuing to provide the current industrial customers with the thermal energy requirements needed to run their manufacturing facility as well as provide renewable electricity under a long-term contract.

Read Press Release



Illinois Combined Heat and Power Project
Laidlaw is currently pursuing a potential 18 MW combined heat and power project at a paper facility outside of Chicago Illinois. The owners of the facility have approached Laidlaw to convert the paper facility from natural gas to clean wood waste.

The paper mill has asked Laidlaw to pursue the conversion of the current thermal plant at the paper mill from natural gas to biomass in conjunction with producing on-site renewable power generation. Laidlaw would operate the combined heat and power plant and provide the thermal and electrical energy demands of the paper mill through an energy sales agreement, with any excess power as well as environmental attributes being sold to a utility through a long-term power purchase agreement.

The paper company has between 150-160 employees and is the only manufacturing facility in the United States capable of producing up to 100 percent recycled coated paper for magazines and catalogs - making them one of the most environmentally friendly paper making companies in the industry. However, due to the plant’s use of natural gas for its process, the company would like to incorporate a “greener” energy source to power the mill in order to advance their green business model, as well as to protect against the volatility of the global energy markets.

Central Massachusetts 10 MW Biomass Project

One of Laidlaw’s most exciting projects under active development is an approximately 10-megawatt biomass-energy power plant located in central Massachusetts. Laidlaw has entered into an agreement to acquire the former coal power plant and to finish its conversion to biomass. Much of the plant’s conversion work has already been completed. The plant has all necessary permits in place and already has received a statement of qualification (SOQ) and is qualified to sell “Class I Renewable Energy Credits” (RECs) in Massachusetts once the conversion is completed.

Northern Maine Biomass Plant

Laidlaw is also in discussions to purchase an existing 19 MW gross capacity biomass energy facility located in northern Maine. The facility, originally built in 1987 at a cost of $20 million, underwent a $14.5 million retrofit in 2006 that saw the first generation stoker grate removed and replaced with a bubbling fluidized bed unit. The transformation turned the plant into one of the cleanest, optimally tuned and modulated biomass-to-energy operations in the country.