American Renewables Projects Overview

American Renewables is a developer of biomass-fueled power generation projects. We are currently working on several projects, which are in various stages of development. All of the projects will be nearly identical in design and operation.

Located in the Piney Woods area of East Texas, the Nacogdoches Power Project is in the final stages of development. The project has executed a long-term PPA 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.

American Renewables is also developing the Gainesville Renewable Energy Center and the Hamilton County Renewable Energy Center. These projects are both located in northern Florida. The Gainesville Renewable Energy Center has executed a long term PPA with Gainesville Regional Utilities. Currently, PPA negotiations are in progress for the Hamilton County Renewable Energy Center. Construction on these two projects is scheduled to begin in 2010 and are anticipated to be completed in 2013.

American Renewables has similar projects under development in other areas of the Southeast U.S.