Most companies start local and expand global. But a Shockoe alternative energy firm with operations in Europe and Latin America is taking the opposite growth approach and looking hard at building one or two wood pellet plants in Virginia.
Intrinergy
Intrinergy secures $47 million for Belgian biomass plant
Despite a tough credit climate for alternative energy companies, Richmond-based Intrinergy has secured $47 million in bank financing to build a biomass power plant in Belgium. Intrinergy designs, builds and finances power plants that use biomass (wood chips, forest residue, or yard clippings) instead of fossil fuels to produce the steam that runs industrial plants… Read more »