Corporate Social Responsibility | Business Wire | PR NewsWire | Marketwire | Realwire | ACN/JCN newswire | 247pressrelease | PRWeb

SMUD Approves Renewable Energy Contract with Buena Vista Biomass Power

SACRAMENTO, Calif. - 
      The Sacramento Municipal Utility District (SMUD) has approved a 20-year 
      contract with Buena Vista Biomass Power LLC, a renewable energy woody 
      biomass power plant majority-owned by Minneapolis-based renewable energy 
      company, Otoka Energy. The renewable energy project loca
Posted : Fri, 06 Nov 2009 19:30:33 GMT
Author : Buena Vista Biomass Power LLC
Category : Press Release
News Alerts by Email ( click here )
Press Release News | Home
SACRAMENTO, Calif. - (Business Wire) The Sacramento Municipal Utility District (SMUD) has approved a 20-year contract with Buena Vista Biomass Power LLC, a renewable energy woody biomass power plant majority-owned by Minneapolis-based renewable energy company, Otoka Energy. The renewable energy project located near Ione, California, will provide 16 megawatts of base-load electric generating capacity to SMUD and assist the State with reducing emissions from uncontrolled forestry and agriculture fires, promoting efficient watershed and defensible communities, as well as furthering the goal to increase renewable energy resources.

The Buena Vista Biomass Power facility will provide enough base-load renewable energy for approximately 14,000 homes and compliment SMUD’s 33 percent renewable energy supply portfolio goal by 2020. Under the terms of the agreement, SMUD will receive all the energy, capacity attributes, and environmental attributes from the Project, upon commercial operation in the third quarter of 2010.

“As a member of the local community, Buena Vista Biomass Power is pleased to enter into a long-term-agreement with SMUD to deliver responsible, sustainable and renewable base-load energy to SMUD’s customers,” said Mark Thompson, Managing Partner for Buena Vista Biomass Power LLC. “The substantial commitment to renewable energy from sound generation resources is evident in the diligence and focus instilled throughout the SMUD organization. We appreciate the extensive efforts demonstrated by the SMUD team to consummate this agreement.”

Buena Vista Biomass Power is pleased to also announce that the United States Department of Agriculture – Forest Service, has awarded a Wildland Fire Management grant in excess of $2.4 million to the Buena Vista Biomass Power facility. This grant, critical to the Project’s restoration efforts, is derived from the American Recovery and Reinvestment Act and is specifically targeted toward the development and completion of the project that will result in local job creation and responsible wildland fire risk mitigation.

“Our commitment to the community and this project will be realized in the advancement of defensible communities, wildland fire management, immediate creation of jobs and the production of responsible, sustainable renewable energy. We firmly believe that our project will truly be a benefit to SMUD, its customers and the state, and look forward to our stewardship role,” concluded Thompson.

Buena Vista Biomass Power LLC is a privately held company that is majority-owned by Otoka Energy Corporation. For more information please visit our websites: www.bv-biomass.com and www.otoka.com.

Buena Vista Biomass Power LLC
Jesus Arredondo, 916-275-7493
Director, Government and Public Affairs
jarredondo@bv-biomass.com
or
Otoka Energy Corporation
Nathan Smith, 952-400-0397
Vice President, Corporate Development
nathan.smith@otoka.com


Copyright © 2008 Business Wire. All rights reserved.
Share/Save/Bookmark

Article : SMUD Approves Renewable Energy Contract with Buena Vista Biomass Power
Print this article
Share this article

Stay Updated

News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Related News

Klim USA Selects PLM, Sourcing from Centric Software
Focus on speeding sample development, on-time product design and delivery/I/P PCampbell, Calif. (PRWEB) August 26, 2009 -- Klim USA, a rapidly growing maker of advanced technical riding gear for today's aggressive off-road dirt bike and snowmobile rider, has become the most recent appar...

Centric Software Hosts Customer Advisory Board Meeting
Focus on issues facing customers in fast-moving consumer goods, fashion industries/I/P PCampbell, CA (PRWEB) September 30, 2009 -- Centric Software hosted a fashion and consumer goods Customer Advisory Board meeting last week in New York, New York. The event included executives...

Daniel P. Quinn, Author of 'organized labor' (AuthorHouse), and Exits & Entrances, available for Interviews in 2009/10..
Daniel P Quinn's organized labor is a panoramic survey of labor history in poetic verse with historic photographs. From New York's Landmark Tavern in the 1890's to the 1913 strike at the Botto House Museum, Haledon, NJ. Mr. Quinn shapes a vision both old and new of his family history and tha...

Centric Software to Present at 2009 Tech Conference at Fashion Institute of Technology
Subject material will challenge apparel companies to consider new strategies for success in current economic environment, examine practices of Apparel Magazine All-Star Award winner Klim USA./I/P PCampbell, CA (PRWEB) November 9, 2009 -- Media Alert What:  &n...

Award Winning Producer requests support for The Newark Naples Festival, 2010/13 and beyond in NJ.
Daniel P Quinn has worked at LaScala for Claudio Abbado, directed at the Teatro Trianon in Rome, premiered Edward Bond's play "Derek" in Newark, Co-ordinated Irish Music Festival's at Snug Harbor,The Great George Festival in Paterson, NJ and initiates with ArtsPRunlimited The Newa...

FNC Blog: Appraisers Working Long-Distance Spells Trouble for Mortgage Industry
OXFORD, Miss. - A mortgage industry trend that requires appraisers to work in unfamiliar neighborhoods is resulting in serious valuation issues, according to a new blog posted Sunday, Nov. 22. FNC’s chief data and analytics officer Dr. Bob Dorsey tackles the issue

Ryan Mallett, Jeremiah Masoli, Shane Vereen and Deunta Williams Announced as Week Twelve Nominees for the AT&T All-America Player of the Week Award
ATLANTA, Nov. 22 /PRNewswire/ -- Four nominees for the AT&T All-America Player of the Week award have been announced after the twelfth week of college football action, and AT&T* is relying on fans to determine who rules the gridiron. Based on outstanding performa...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark
 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.