Foreclosure sale imminent for Plainfield biomass

Oct 23rd, 2013 | By | Category: Business

Plainfield-Renewable-Energy-Project1-enovaThe Virginia financer of a 37.5 megawatt Plainfield biomass power plant has agreed to buy the facility out of foreclosure, after the original New Jersey-based owner failed to finish construction.

Leidos Holdings of Virginia announced its agreement with New Jersey-based Enova Energy Group for a consensual foreclosure where Leidos will assume ownership of the plant by the end of the year, pending government approvals.

For more on this story, visit: Foreclosure sale imminent for Plainfield biomass | HartfordBusiness.com.

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