Liberty Energy targets �biosolids'

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Liberty Energy Inc. is looking for $90 million to finance a 6.5-megawatt biomass power plant in Hamilton, Ontario, that will use "biosolids," or treated sewer sludge, and other forms of biomass as feedstocks. The Ontario Power Authority has agreed to purchase the renewable power from the proposed plant once it's operating. Permits are in place, according to Liberty Energy, and the company anticipates long-term tipping agreements with other local municipalities, as well. It aims to convert 500 metric tons (approximately 550 tons) of biosolids and 150 metric tons (165 tons) of other biomass per day. Ewing Bemiss & Co. will help to secure financing.