For Immediate Release
November 22, 2010
Ewing Bemiss & Co. Announces the Sale of Two Landfill Gas-To-Energy Facilities Managed by Ridgewood Renewable Power LLC to Macquarie Infrastructure Partners II
Richmond, Virginia – Ewing Bemiss & Co. is pleased to announce that it represented Ridgewood Renewable Power, LLC (“Ridgewood”) in the sale of two landfill gas-to-energy facilities held by associated investment vehicles to Macquarie Infrastructure Partners II (“MIP II”).
The facilities are located at the Olinda Alpha Sanitary Landfill in Brea, California and at the Central Landfill in Johnston, Rhode Island and have existing generating capacity of 5.6 and 20.4 megawatts, respectively. MIP II has arranged financing for expansion projects at both facilities, which once complete will increase their combined renewable energy generating capacity to 77.8 megawatts. The Ridgewood management team has been hired by MIP II and will continue to oversee the development, construction, and operations of the two projects.
Ewing Bemiss & Co. is an investment bank focused on delivering superior service and optimal results to middle market companies. The Ridgewood transaction adds to Ewing Bemiss & Co.’s strong experience in the Alternative/Renewable Energy and Environmental Services sectors.
Founded in 1992, Ewing Bemiss & Co. provides merger and acquisition advisory, private capital formation, financial restructuring and strategic advisory services. Ewing Bemiss & Co. provides extensive transaction experience and a strong relationship orientation to clients and is widely recognized for in-depth sector knowledge and expertise in several industries, including Alternative/Renewable Energy and Environmental Services, Healthcare and Business & Technology Services.
For more information, please visit www.ewingbemiss.com or contact:
Mary Bacon
Managing Director
(804) 780-1912
m.bacon@ewingbemiss.com
Henry Berling
Managing Director
(804) 780-1905
h.berling@ewingbemiss.com