FOR IMMEDIATE RELEASE
December 03, 2009
NV Energy Media Contact:
Mark Severts - 702-402-5523
CC Landfill Energy LLC Media Contact:
Abigail Hickerson - 609-561-9000 x-4316
Republic Services Media
Contact: Peg Mulloy - 480-627-2887
Long-term Power Purchase Agreement Announced Between NV Energy and CC Landfill Energy for 11-Megawatt Power Project at
Republic Services’ Apex Landfill
LAS VEGAS – December 3, 2009 – NV
Energy (NYSE:
NVE) and CC Landfill Energy LLC announced that
the two companies have entered into a 20-year power purchase
agreement for the sale of energy produced from an 11-megawatt
landfill gas-powered project to be located at Republic
Services’ (NYSE:RSG) Apex Regional Landfill north
of Las Vegas.
CC Landfill Energy is owned and operated by Energenic,
a partnership between long-term business partners Marina
Energy and DCO Energy. Energenic has developed and constructed
similar facilities throughout the United States, including
recent projects in New Jersey and Maryland.
Named the Apex Landfill Renewable Energy Generating Facility,
this project is expected to be operating by late 2011. CC
Landfill Energy will use landfill gas extracted from a series
of wells at the landfill and use that gas in a state-of-the-art
turbine-generator to make renewable electricity for NV Energy
customers. Using landfill gas in this manner reduces dependence
on other natural resources, and improves air quality and
carbon emissions.
NV Energy’s CEO and President Michael
Yackira noted that the project provides a significant environmental
benefit for Southern Nevada, as well as a reliable and consistent
renewable energy resource for customers.
“This project is remarkable because it recovers otherwise
unused landfill gas, cleans the gas with state of the art
technology, and then uses that gas as fuel to generate renewable
energy for our customers,” Yackira said.
Energenic’s President and CEO Frank DiCola
said his company is proud to move the Apex Landfill Renewable
Energy Generating Facility and Republic Services toward a
renewable,
“This project will
expand the future of renewable energy, and DCO Energy, Marina
Energy, NV Energy and Republic Services look forward to continuing
to explore new opportunities for innovative, environmentally-friendly,
renewable energy options,” he said.
DCO Energy LLC will be the engineering, procurement and
construction contractor for the project. DCO Energy LLC will
operate the plant.
“Landfill gas- a clean, renewable energy source-
will help Nevada meet its recent commitment to increase its
renewable energy portfolio standard,” said Jim O’Connor,
Chairman and CEO, Republic Services, Inc. “This project,
once again, demonstrates Republic’s commitment to being
part of the solution and its leadership in generating renewable
energy from solid waste.”
The Apex Landfill Renewable Energy Generating
Facility is one of more than 35 existing or proposed renewable
energy facilities that are benefiting NV Energy customers
in Nevada. It will assist NV Energy in meeting Nevada’s renewable
energy portfolio standard, which was recently increased by
the state legislature. The standard requires that 25 percent
of NV Energy’s sales be generated by renewable resources
and energy-efficiency and conservation programs by 2025.
The specific terms of the power purchase agreement were
not disclosed.
The long-term agreement stems from NV Energy’s
2008 Request for Proposals for renewable energy and requires
Public Utilities Commission of Nevada approval.
About NV Energy
Headquartered
in Las Vegas, Nevada, NV Energy, Inc. is a holding company
whose principal subsidiaries, Nevada Power Company and Sierra
Pacific Power Company, are doing business as NV Energy. Serving
a combined 54,500-square-mile service territory that stretches
north to south from Elko to Laughlin, NV Energy provides
a wide range of energy services and products to approximately
2.4 million citizens of Nevada as well as approximately 40
million tourists annually. For more information, visit www.nvenergy.com.
About Energenic
Energenic
is a joint business venture between long-term business partners
Marina Energy and DCO Energy. Energenic specializes in the
comprehensive design, development, construction and operation
of large-scale energy projects and has offices in Nevada
and New Jersey. For more information on Energenic, visit www.energenic-us.com.
Marina Energy, a subsidiary of South Jersey
Industries (NYSE: SJI),
specializes in large scale, comprehensive energy projects
that provide casinos and industrial, institutional and commercial
customers with long-term economic and environmental energy
value. Marina is a proven developer of a wide-range of power
and environmental projects including thermal, cogeneration,
solar and landfill gas-to-electric facilities. For more information
about Marina Energy, visit www.sjindustries.com.
###
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FOR IMMEDIATE RELEASE Long-term Power Purchase Agreement Announced Between NV Energy and CC Landfill Energy for 11-Megawatt Power Project at
Republic Services’ Apex Landfill
|
LAS VEGAS – December 3, 2009 – NV Energy (NYSE: NVE) and CC Landfill Energy LLC announced that the two companies have entered into a 20-year power purchase agreement for the sale of energy produced from an 11-megawatt landfill gas-powered project to be located at Republic Services’ (NYSE:RSG) Apex Regional Landfill north of Las Vegas. CC Landfill Energy is owned and operated by Energenic, a partnership between long-term business partners Marina Energy and DCO Energy. Energenic has developed and constructed similar facilities throughout the United States, including recent projects in New Jersey and Maryland. Named the Apex Landfill Renewable Energy Generating Facility, this project is expected to be operating by late 2011. CC Landfill Energy will use landfill gas extracted from a series of wells at the landfill and use that gas in a state-of-the-art turbine-generator to make renewable electricity for NV Energy customers. Using landfill gas in this manner reduces dependence on other natural resources, and improves air quality and carbon emissions. NV Energy’s CEO and President Michael Yackira noted that the project provides a significant environmental benefit for Southern Nevada, as well as a reliable and consistent renewable energy resource for customers. “This project is remarkable because it recovers otherwise unused landfill gas, cleans the gas with state of the art technology, and then uses that gas as fuel to generate renewable energy for our customers,” Yackira said. Energenic’s President and CEO Frank DiCola said his company is proud to move the Apex Landfill Renewable Energy Generating Facility and Republic Services toward a renewable, “This project will expand the future of renewable energy, and DCO Energy, Marina Energy, NV Energy and Republic Services look forward to continuing to explore new opportunities for innovative, environmentally-friendly, renewable energy options,” he said. DCO Energy LLC will be the engineering, procurement and construction contractor for the project. DCO Energy LLC will operate the plant. “Landfill gas- a clean, renewable energy source- will help Nevada meet its recent commitment to increase its renewable energy portfolio standard,” said Jim O’Connor, Chairman and CEO, Republic Services, Inc. “This project, once again, demonstrates Republic’s commitment to being part of the solution and its leadership in generating renewable energy from solid waste.” The Apex Landfill Renewable Energy Generating Facility is one of more than 35 existing or proposed renewable energy facilities that are benefiting NV Energy customers in Nevada. It will assist NV Energy in meeting Nevada’s renewable energy portfolio standard, which was recently increased by the state legislature. The standard requires that 25 percent of NV Energy’s sales be generated by renewable resources and energy-efficiency and conservation programs by 2025. The specific terms of the power purchase agreement were not disclosed. The long-term agreement stems from NV Energy’s 2008 Request for Proposals for renewable energy and requires Public Utilities Commission of Nevada approval. About NV Energy About Energenic Marina Energy, a subsidiary of South Jersey Industries (NYSE: SJI), specializes in large scale, comprehensive energy projects that provide casinos and industrial, institutional and commercial customers with long-term economic and environmental energy value. Marina is a proven developer of a wide-range of power and environmental projects including thermal, cogeneration, solar and landfill gas-to-electric facilities. For more information about Marina Energy, visit www.sjindustries.com. ### |