By Business Wire.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Fortistar today announced that it acquired two landfill gas (LFG) to energy projects, expanding its landfill gas portfolio by 11 MW. The acquisitions from Green Gas Americas follow the closing last week of $150 million in financing for Fortistar’s LFG to energy portfolio.
“Fortistar has developed, invested in and manages an unparalleled portfolio of successful landfill gas to energy initiatives in the U.S. and Canada,” said Mark Comora, president of Fortistar. “Our experienced team and ability to forge strong relationships with partners and local communities has been the formula for this success.”
The two new projects are both operational; the 8 MW Pioneer Energy project, located in Birdsboro, PA, sells power to Constellation Energy under a long-term offtake agreement. The 3MW Port Charlotte Energy project, located in Punta Gorda, FL, sells power to Orlando Utilities Commission under a long-term contract. Fortistar will own and operate both projects.