Environmental Power Corporation

Environmental Power Corporation is a developer, owner, and operator of renewable energy production facilities. The Company owns and operates the Huckabay Ridge facility in Stephenville, Texas, a multi-digester facility for the production of pipeline-grade natural gas, which began commercial operation and has several similar facilities in varying stages of development.
It also operates three digester facilities in Wisconsin utilizing the same technology that is employed at Huckabay Ridge.

The Company has operated in two major segments through Microgy, Inc., as a
developer of renewable energy facilities for the production and commercial application of methane-rich biogas from agricultural and food industry wastes, and through EPC Corporation and its subsidiary, Buzzard Power Corporation, the holder of a leasehold interest in a waste-coal fired generating facility in Pennsylvania known as the Scrubgrass facility. On February 29, 2008, the Company completed the disposition of the leasehold interest Scrubgrass facility.

After the disposition the Company operated only in Microgy’s segment.
The biogas produced by Microgy facilities can be used to produce pipeline-grade methane, which it refer to as RNG, marketable biogas, compressed natural gas (CNG), liquified natural gas (LNG), renewable electrical energy or thermal energy, as well as other useful by-products.

In addition, Microgy has developed, for itself, significant engineering, construction and process knowledge regarding these systems.

Source Reuters

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