Laidlaw Energy Group, Inc.(fka LLEG)

[skunksyard]

"Future Projects
In the ordinary course of our business, we consider projects that complement our business strategy. For example, we have executed a non-binding letter of intent and are currently negotiating a purchase and sales agreement to acquire an approximately 18 megawatt biomass energy power plant located in southern California that has an existing power purchase agreement with a local utility. The facility requires repairs to certain of its power generation assets to resume operations. We are evaluating this facility and identifying capital sources for our investment in this facility as well as the required repairs, which we expect will be offset by certain federal incentives. Our consideration of this acquisition is subject to the satisfactory completion of our due diligence and other conditions. There can be no assurance that we will acquire this facility."

http://marketbrief.com/laidlaw-energy-group-inc-/s1-a/ipo-registration-amendment-/2012/7/6/9581831/filing?s=st