Bull Moose Energy Secures $60 M to Develop Biomass Power Plants

San Diego, California [RenewableEnergyAccess.com] Bull Moose Energy LLC announced that Morgan Stanley has agreed to invest up to $60 million in the San Diego-based firm to finance the development of a new generation of biomass power production plants near urban centers to generate power from renewable energy sources. The first 20 megawatt (MW) project will provide power to SDG&E. The plant will use clean biomass technology to convert several hundred tons of waste per day into energy – the recycled waste will generate electricity for over 20,000 homes.
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