Greenleaf Power, a biomass power plants owner and operator, has signed a deal to buy 100% of the stock of Colmac Energy, including the 47MW biomass power plant operated by Colmac's majority shareholder American Consumer Industries since its construction and initial start-up in 1992.

Greenleaf Power, a biomass power plants owner and operator, has signed a deal to buy 100% of the stock of Colmac Energy, including the 47MW biomass power plant operated by Colmac's majority shareholder American Consumer Industries since its construction and initial start-up in 1992.

The electrical output from the biomass power plant, which is fueled primarily using clean diverted wood waste, green waste and agricultural residues, is sold to Southern California Edison under a long-term agreement.

Colmac, which is the third biomass acquisition by Greenleaf Power following the purchase of the 30MW Honey Lake biomass plant in Wendel and 28MW power plant in Scotia, brings Greenleaf Power's total biomass power generation capacity to 100MW.

Greenleaf Power president Hugh Smith said that the Colmac facility is a significant acquisition for Greenleaf Power.

"It will be a flagship plant for our growing fleet which now totals over 100MW of capacity - and will provide the critical mass necessary to leverage the synergies that naturally result from the ownership of multiple facilities," Smith said.