Press Releases
North American Energy Services Operating Tracy Biomass Generation Facility
Issaquah, WA, 02/21/2007 -- ISSAQUAH, WA - North American Energy Services Company (NAES), a broad-based provider of services to the power generation industry, announces that it is providing operations and maintenance services (O&M) for the Tracy Biomass Generation Facility (Tracy), located in San Joaquin County, California, approximately 45 miles east of Oakland.
Tracy, recently acquired by USRG Power & Biofuels Fund II, LP (USRG), is a 21.5 MW biomass-fired power plant. Tracy utilizes urban and agricultural wood waste to generate power under a long-term contract with Pacific Gas and Electric Company.
Lee Bailey, Managing Director, USRG, said, "As we take this critical step in our efforts to build the leading portfolio of renewable power, we're excited to be working once again with NAES. NAES was selected to operate the Tracy Biomass facility because of their past and present experience in operating waste wood-fired power plants."
NAES, headquartered in Issaquah, Washington, is the industry's largest independent, third-party provider of power plant operations and maintenance services, with an experience base of more than 27,000 MW of generation capacity in a wide range of technologies, fuels, locations, customers and modes of operation. With additional offices in New York City, Pittsburgh, Carneys Point, Portland, and Houston, NAES also provides O&M support, maintenance, construction and repair, gas and steam turbine field maintenance and component repair, and the placement of temporary technical and management personnel to the generation industry.
NAES is owned by ITOCHU International Inc., the U.S. affiliate of ITOCHU Corporation. With operations in over 80 countries covering a broad range of industries, ITOCHU is among the world's largest corporations.
U.S. Renewables Group, based in Santa Monica, CA, with offices in White Plains, NY, is a private investment company that acquires, develops, and operates renewable power generation and clean fuel assets.
Glen Canavera
North American Energy Services
Phone: 425 961 4700
Fax: 425 961 4646
glen.canavera@naes.com
http://www.naes.com
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