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First US Poultry Litter Power Plant financed by British inventors of the technology.
Submitted:�31�December�2004
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.
Please read the full press release in the attachment below.
�Associated File(s)
Full Press Release
HRE Press Release UK Final.doc Download Word ViewerDownload Word Viewer�
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