GE helps fund and equip two landfill gas projects in Delaware

November 3, 2006

1 Min Read
GE helps fund and equip two landfill gas projects in Delaware

Stamford, Conn.-based GE Energy Financial Services announced yesterday that it would provide a $7.25 million loan and seven Jenbacher J320 methane gas engine generators to help establish two new landfill gas projects in Delaware. According to a GE press release, the facilities will be constructed at the 770-acre Central Facility in Sandtown and the 570-acre Southern Facility in Georgetown. Both facilities are owned and operated by Ameresco. When completed later this year, they are expected to generate 7.4 megawatts of electricity, enough to meet the annual power needs of 7,400 U.S. homes.

“Combining our financing and equipment, the Delaware landfill gas projects demonstrate how GE’s ecomagination initiative is helping customers meet environmental challenges,” said Kevin Walsh, a managing director and leader of renewable energy investments at GE Energy Financial Services, in a statement. “By producing power from landfill methane, we’re helping Delaware generate more power from renewable sources.”

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