US$300M domestic biomass supply contract signed

Friday 17 Jul 2009

Green Energy Resources has announced it has signed a ten year U.S. domestic biomass supply contract valued at over $300 million dollars. The contract is the largest known U.S. supply contract to date for a single supplier. Supply commences spring 2010. The power plant requirements exceed one million tons annually to upwards of 1.5 million tons.

The contract is significant in reaching or exceeding Green Energy Resources projected revenues in 2010 of $100 million. Green Energy Resources is a US company that sources its wood from urban wood waste streams, storm damage, cities and municipalities. The company is currently engaged in exports to of woodchips to power plants in Europe. For morte information visit www.greenenergyresources.com. Source: www.forestweb.com


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