American Renewables Projects Overview

American Renewables develops, builds and operates biomass-fueled power generation facilities that use waste wood material as fuel. We are currently working on several projects in various stages of development.

• The Gainesville Renewable Energy Center, to be built, owned and operated by American Renewables, will be a 100-MW net biomass power plant located in Gainesville, Florida. We have a 30-year power purchase agreement with Gainesville Regional Utilities, the local municipal utility. This facility will follow state-of-the-art forest stewardship guidelines to insure the sustainability and stewardship of local forests. Almost half of the plant's power will come from clean, urban wood waste, which includes biomass materials such as tree trimmings from right-of-way clearings as well as clean, woody debris from land clearing contractors and tree surgeons. The plant is expected to begin construction in early 2011, with completion slated for 2014.
• Located in East Texas, the Nacogdoches Power Project is currently under construction. The project has a long-term power purchase agreement with Austin Energy, the municipal utility owned by and serving the city of Austin, Texas. When the 100-MW project is complete, it will be one of the largest biomass power plants in the U.S. American Renewables sold Nacogdoches Power to Southern Company in October 2009. Construction will be completed in mid-2012.
• American Renewables is developing a second biomass power project in Florida called the Hamilton County Renewable Energy Center. This project will be located in Hamilton County, FL between Jasper and White Springs. Currently, American Renewables is working on signing a power purchase agreement with a Florida utility for the Hamilton County Renewable Energy Center.
• Similar biomass power projects are under development in other areas of the Southeast U.S.