Environmental Power’s first facility nears completion

The pending completion of Environmental Power Corporation’s first biogas production facility and 2006 year-end results will be among the topics discussed in an upcoming business update call scheduled for Tuesday, March 27.

According to a statement released by the Portsmouth-based firm, the flagship Huckabay Ridge biogas production facility in Huckabay, Texas, is expected to be fully operational later this spring.

“Over the past several months we have produced biogas from six of the tanks at full design capacity,” said Rich Kessel, company president and chief executive officer. “We are proceeding through the various stages of the start-up process and expect initial deliveries of gas to the pipeline in the near future.”

According to Kessel, the product produced from the new facility designed to process farm animal waste into pipeline-quality gas has been sampled and analyzed and has received approval for exportation via pipeline.

The progress of similar facilities in California and Nebraska also will be discussed, along with the pursuit of new projects in Utah, Idaho, Texas and Minnesota.

Company subsidiary Microgy Inc. recently became a member of the Chicago Climate Exchange and has received independent certification of the carbon credits generated from projects in Wisconsin.

EPG will issue fourth quarter and year-end financial results following the close of business on March 26 and host the conference call the following morning. – TRACIE STONE

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