Microgy currently operates four facilities, including Huckabay Ridge, the largest RNG facility in North America, which produces an annual 635,000 MMBtu of RNG -- the energy equivalent of 4.5 million gallons of heating oil. The company's project pipeline includes a number of large-scale facilities under active development in California, Texas, Nebraska and early-stage projects being developed with the assistance of Cargill, Incorporated.
"We are in a prime position to capitalize on the growing need for green, cost-effective, domestically-produced energy," said Kessel. "Our RNG is fully compatible with existing transportation and generation infrastructure and can help utilities work towards state Renewable Portfolio Standards. In addition, our facilities prevent methane emissions, and therefore generate a significant amount of greenhouse gas offset credits.
"As we complete this move, we are also very mindful -- and appreciative -- of the support that the Portsmouth community has offered Environmental Power and its employees throughout our growth and evolution," Kessel concluded.
ABOUT ENVIRONMENTAL POWER CORPORATION
Environmental Power Corporation is a developer, owner and operator of renewable energy production facilities. Its principal operating subsidiary, Microgy, Inc., holds an exclusive license in North America for the development and deployment of a proprietary anaerobic digestion technology for the extraction of methane gas from animal wastes and other organic waste for its use to generate energy. For more information visit the Company's web site at http://www.environmentalpower.com.
The Private Securities Litigation Reform Act of 1995, referred to as
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|SOURCE Environmental Power Corporation|
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