Laidlaw Energy Group, Inc.(fka LLEG)

[egrohs]

"What is clear is that back in 07 LLEG management never stated they would have no ownership in the project after it came online."

True. But they never said they'd own the plant either.

This was the known terms of the acquisition:

The Facility is currently owned by North American Dismantling Corporation (“NAD”), which purchased the Facility from the Fraser Paper Company in May 2006. NAD has demolished all of the buildings and assets not associated with the biomass conversion and sold any scrap steel. NAD and Laidlaw have executed an asset Purchase agreement whereby Laidlaw will purchase the remaining assets and approximately 50% of the land.

http://web.archive.org/web/20080612124501/http://laidlawenergy.com/berlin-nh-project.html