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Homeland Renewable Energy LLC, founded in Boston by a group of investors including Rupert Fraser, who, with his father Simon Fraser, founded and ran Fibrowatt Ltd (which built the world’s first three poultry litter-fired power stations during the 1990s), has completed, on December 10th, the financing of the USA’s first large-scale Poultry-Litter-fuelled Biomass Power Plant (Fibrominn LLC).
$202 Million in rated (BBB-/BB) debt financing has been arranged by McDonald Investments, Inc (a subsidiary of Key Bank) with industry leading institutional investors.
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