Clean Power Development & Gestamp To Develop Bioenergy Projects

Gestamp Biomass and Clean Power Development LLC announced the signing of an agreement under which they will work together to develop, finance and operate biomass energy projects across the Northeast region of the United States.

The agreement between Gestamp Biomass and Clean Power Development covers their joint activities in the six New England states of Maine, New Hampshire, Vermont, Massachusetts, Rhode Island and Connecticut, plus New York and Pennsylvania.

Under the agreement, Clean Power Development will identify and provide due diligence related to existing operational biomass facilities for possible acquisition by Gestamp Biomass and will also manage a portfolio of selected new biomass energy projects to be developed throughout the region. Clean Power Development will provide a suite of services during acquisition, development, construction and operation of the Gestamp Biomass-owned projects and operating facilities.

“We’re happy to be working with a global company of Gestamp’s stature and considerable resources in the renewable energy sector. Together, we are in a strong position to identify and develop sensible, efficient biomass energy solutions that will benefit communities throughout the Northeast region,” said Mel Liston, president of Clean Power Development.

While multiple projects are under consideration in New Hampshire, the first to move forward under the exclusive agreement will be a 29-megawatt Combined Heat and Power (CHP) biomass facility in Berlin, New Hampshire, which is fully permitted to begin construction, Liston said. The plant, which will directly employ 23 people, will be located on a greenfield site away from the town’s center.

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