Plainfield, Conn., renewable plant complete, operational, and for sale
Ledios Holdings Inc. has announced the Plainfield Renewable
Energy plant in Plainfield, Conn., is substantially complete and operational. The 37.5-megawatt, biomass-fired plant takes in a variety of fuel sources, including wood from construction and demolition debris, recycled wood pallets and land clearing materials. Connecticut Light & Power is purchasing 80 percent of the power produced at the plant under a 15-year offtake agreement. The facility is one of the only Class 1 renewable biomass plants in Connecticut.
The facility was originally under development by a subsidiary of Enova Energy Group. Leidos, a company formerly known as Science Applications International Corp., announced its plans to assume ownership of the plant in October. Acting in its capacity as a secured lender, the company pursued a consensual foreclosure. With the plant now substantially complete, Leidos said it will operate the facility and commence marketing efforts to sell the facility to renewable power plant investors.