December 22, 2003
Microgy Executes Agreement for Construction and Sale of First Digester Project
Environmental Power Corporation, a leader in the renewable energy industry with proprietary technology to convert manure into electricity, announced that its subsidiary, Microgy Cogeneration Systems, Inc. ("Microgy"), had signed an agreement with an entity owned by Wild Rose Dairy, LLC of LaFarge, Wisconsin ("Wild Rose"), pursuant to which Wild Rose will purchase from Microgy the first digester system in North America based on Microgy's proprietary, highly efficient anaerobic digestion technology, proven at more than 25 locations in Europe. The Wild Rose project represents the first facility in connection with Microgy's relationship with Dairyland Power Cooperative ("Dairyland"), under which Microgy expects to construct approximately $60 million of projects in Dairyland's service territory. The Wild Rose digester system will...Full article at Energy Info Source
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