DTEES will operate the power plant and co-lead its conversion to operate on 100% biomass fuel, primarily wood fuel derived from urban wood waste, tree trimmings and agricultural residues.
One of Mt Poso’s three current partners, MacPherson Oil, will continue to have an ownership and management interest.
The other two partners, Northern Star Generation and Red Hawk Energy, will sell their interest.
Operating on biomass fuel, the plant will produce about 44MW of power, enough to supply the electricity needs of about 35,000 homes.
Headquartered in Ann Arbor, Michigan, DTEES acquires, develops, builds, owns and operates projects for large, energy-intensive industrial customers.
