News Focus
News Focus
icon url

veritas-twj

03/24/08 6:36 PM

#24205 RE: reversetaxman #24203

reversetaxman -- I should have included the following thoughts along with my earlier response to your question... IMO if Laidlaw is able to execute an agreement to sell both the electricity produced as well as the REC's to a third party such as PSNH (which would be required to purchase the electricity anyway subject to grid capacity and which would want to purchase to the RECs to meet regulatory requirements), this agreement would be taken into favorable consideration by potential lenders for the proposed facility... The agreement would add an element of certainty to the issue of the ability to repay the financing extended... All else being equal...

Tom

Patience.
icon url

glasssoto

03/24/08 7:16 PM

#24209 RE: reversetaxman #24203

BERLIN, N.H. -- Laidlaw Berlin, LLC, an affiliate of Laidlaw Energy Group, Inc. (Ticker Symbol "LLEG"), announced today that last evening the city of Berlin, NH Planning Board unanimously approved the subdivision of the former Fraser Paper pulp mill site, significantly boosting the prospects for Laidlaw's proposed 65 megawatt biomass energy facility which Laidlaw intends to build at