SAIC, Enova Energy Group, The Carlyle Group Launch $225M Plainfield Renewable Energy Biomass Project
Science Applications International Corporation (NYSE: SAI) and the Carlyle Energy Mezzanine Opportunities Group today announced an agreement to provide financing for construction of the $225 million Plainfield Renewable Energy biomass project. SAIC will also provide engineering, procurement, and construction services for the project under a fixed-price, date certain contract.
The PRE project is owned by a subsidiary of Enova Energy Group and located on a 27-acre site in Plainfield, Connecticut. The plant will employ Best Available Control Technology to control emissions and is fully certified as a renewable power source in the State of Connecticut. The project will create 400 jobs -- 300 during the two-years of construction and 100 direct and indirect permanent positions.
