US Element Markets purchases biogas facility from Environmental Power
(ADPnews) - Nov 26, 2010 - US green power solutions provider Element Markets LLC has taken over the Huckabay Ridge biogas power facility from Environmental Power Corp (PINK:EPGRQ).
The company said on Tuesday that the acquisition was carried out via its wholly-owned subsidiary EM Biogas LLC. The value of the deal was not disclosed.
The anaerobic digestion plant, located in Texas, is composed of eight digester tanks with a capacity of 916,000 gallons (3.5 million litres) each. The site converts manure and organics into methane biogas through the process of anaerobic digestion. The anaerobic digestion technology produces biogas by enhancing the organic degradation process via microbial activity.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.