California’s Greenleaf Power said it has agreed to acquire the operator of a 37.5 megawatt biomass plant in Plainfield from Leidos Renewable Energy.
Terms of the deal were not disclosed.
Leidos acquired the then-unfinished plant out of foreclosure in Oct. 2013 and began operating it in Jan. 2014 under the name Plainfield Renewable Energy. It sells the electricity to Connecticut Light & Power under a 15-year contract.
It’s the sixth biomass facility the private-equity-backed Greenleaf has acquired. It owns four in California and one in Quebec, Canada.
Greenleaf expects the Plainfield deal to close later this year.
