E3 has reviewed the development, construction, and operation of a variety of biomass-fueled projects including biomass projects combustion projects ranging in size from 6 MWs to 75 MW and wood pelletizing projects, among others. E3’s team of biomass experts understands what makes a project technically viable and financially feasible.
Representative Projects
Greenleaf Power Recapitalization, California and Quebec
E3 Consulting served as the Independent Engineer for Greenleaf Power’s recent $37M in project financing from East West Bank to recapitalize its 30 MW Honey Lake Power facility in California and 22 MW St-Félicien Cogeneration facility in Quebec, Canada. Both plants use woody biomass waste to convert to electricity and have long-term power purchase agreements with local utilities. Greenleaf is backed by Denham Capital and is the owner of 135 MW of biomass-fired capacity across North America.
Meadow Lake Bioenergy Centre, Saskatchewan
E3 prepared an Independent Engineering report to support the financing of a new biomass-fired combined heat and power project in Meadow Lake, Saskatchewan. The facility combusts wood waste from an existing sawmill and produces thermal energy for a new sawmill kiln and exports power to the grid. The project design uses a novel hot-oil combustion system and organic Rankine power generation cycle. E3’s scope of services included a review of technology and efficacy, capital costs, production costs, permitting, construction agreements and analysis of economic projections.