Cooper, White & Cooper LLP acted as counsel representing Fortistar on the power purchase agreement and the ancillary agreements, including the gas purchase and sale, and lease agreements, as well as acted as real estate counsel for its financing. Click for more information.
Excerpts from December 14, 2010 Fortistar Press Release:
Leading environmental services company Republic Services, Inc. (NYSE:RSG), Fortistar and Old Dominion Electric Cooperative (ODEC) have signed a power purchase agreement for a new, state-of-the-art landfill gas-to-energy power plant in Virginia.
FORTISTAR will build a 6.4 megawatt renewable energy facility, called Richmond Energy LLC, at Republic Services’ Old Dominion Sanitary Landfill in Richmond, Virginia. The plant is expected to achieve commercial operation in late 2011; the output will be sold to ODEC under a long term power purchase agreement. A public groundbreaking event will be scheduled in early 2011.
Cooper, White and Cooper LLP acted as counsel for all of the real estate, lease and license agreements and gas purchase and sale agreements with Republic, as well as real estate counsel for the financing of this project. Click for more information.
Excerpts from January 19, 2011 Fortistar Press Release:
Republic Services, Inc. (NYSE:RSG), Duke Energy Carolinas, LLC and FORTISTAR jointly announce the start of construction on a new state-of-the-art landfill gas-to-energy plant at Republic’s Charlotte Motor Speedway landfill in Concord, North Carolina.
FORTISTAR began construction on the 11.5 MW state-of-the-art plant, slated for commercial operation expected in fall of 2011. The output from the new facility, called Concord Energy LLC, will be sold under a long term power purchase agreement to Duke Energy Carolinas. A public event will be held later this year.