EcoGen Projects

U.S. EcoGen Florida Project Portfolio

U.S. EcoGen, LLC ("EcoGen") was formed for the purpose of developing, financing, owning and operating a portfolio of renewable energy generating facilities. Accordingly, in 2010 EcoGen launched the development of four (4) 66 MW (Net) biomass bottom-cycle electrical generating facilities in the state of Florida. The map below depicts the location of each project site.



EcoGen Project Map


The portfolio of generating assets complement each other and provide a series of economic and operational benefits. By using a common design platform, these benefits include reduced construction costs and schedule. Regional use of spare parts serve to increase project availabilities and associated net income.


EcoGen Polk Generating Facility


Facility Type: Biomass Bottom Cycle Electrical
Generating Facility
Facility Capacity: 66 MW (Net)
Utility Customer: Duke Energy Florida, Inc.
Location: Ft. Meade, Polk County, Florida
Commercial Operations: 2018

U.S. EcoGen Polk, LLC ("EcoGen Polk") is a special purpose company formed by U.S. EcoGen, LLC ("EcoGen") for the purpose of developing, financing, owning and operating a 66 MW (Net) biomass bottom-cycle electrical generating facility to be located in Ft. Meade, Polk County, Florida. EcoGen Polk and Duke Energy Florida, Inc. ("DEF") executed a 29.5-Year Power Purchase Agreement ("PPA") on March 29, 2011. The PPA received the Florida Public Service Commission's ("FPSC") approval with a unanimous vote (5-0) on September 20, 2011.

On August 17, 2011, EcoGen Polk executed an Option Agreement to purchase the 1163 Acre project site in Fort Meade, Polk County, Florida ("Fort Meade Site"). The Fort Meade Site has excellent road and rail access for fuel supply deliveries and access to DEF’s transmission system. The Polk Site is also surrounded by competitively priced agricultural lands ideal for growing EcoGen Polk’s biomass fuel on the EcoGen Polk Plantation. The Fort Meade Site’s size and remote location serve to mitigate potential impacts on the local community. On July 9, 2012, the Florida Department of Environmental Protection issued a final air permit to EcoGen Polk, which authorizes construction of the Generation Facility. EcoGen Polk received all of its remaining government approvals in the 3rd quarter of 2015. EcoGen Polk is expected to secure project financing in 2016 and begin operation in 2018.

The benefits to the local community include the following:

  • Direct investment of $240 million towards the construction of the biomass generating facility;

  • Economic infusion of $48.7 million into the local economy by the completion of the Project;

  • Creation of 374 new construction jobs with a total labor income of $18.5 million;

  • Creation of 160 new direct and indirect permanent jobs with a total reoccurring annual labor income of $6.8 million; and

  • Ongoing annual economic impact in the local economy of $ 20 million.




EcoGen Okeechobee Generating Facility


Facility Type: Biomass Bottom Cycle Electrical
Generating Facility
Facility Capacity: 66 MW (Net)
Utility Customer: Florida Power & Light Company
Location: Okeechobee County, Florida
Commercial Operations: 2019

U.S. EcoGen Okeechobee, LLC ("EcoGen Okeechobee") is a special purpose company formed by U.S. EcoGen, LLC ("EcoGen") for the purpose of developing, financing, owning and operating a 66 MW (Net) biomass bottom-cycle electrical generating facility to be located in Okeechobee County, Florida. EcoGen Okeechobee and Florida Power & Light Company ("FPL") executed a 30-Year Power Purchase Agreement ("PPA") on December 14, 2012. The PPA received the Florida Public Service Commission's ("FPSC") approval with a unanimous vote (5-0) on April 9, 2013, which became a final order on June 21, 2013.

On October 28, 2014, EcoGen Okeechobee executed an Option Agreement to purchase the 100 Acre project site in Okeechobee County, Florida ("Okeechobee Site"). The Okeechobee Site was previously zoned for industrial development and has excellent road access for fuel supply deliveries and access to FPL’s transmission system. The Okeechobee Site is also surrounded by competitively priced agricultural lands ideal for growing EcoGen Okeechobee’s biomass fuel on the Ecogen Okeechobee Plantations. The Okeechobee Site’s remote location serves to mitigate potential impacts on the local community. EcoGen Okeechobee is expected to secure project financing in 2017 and begin operation in 2019.

The benefits to the local community include the following:

  • Direct investment of $240 million towards the construction of the biomass generating facility;

  • Economic infusion of $48.7 million into the local economy by the completion of the Project;

  • Creation of 374 new construction jobs with a total labor income of $18.5 million;

  • Creation of 160 new direct and indirect permanent jobs with a total reoccurring annual labor income of $6.8 million; and

  • Ongoing annual economic impact in the local economy of $ 20 million.




EcoGen Martin Generating Facility


Facility Type: Biomass Bottom Cycle Electrical
Generating Facility
Facility Capacity: 66 MW (Net)
Utility Customer: Florida Power & Light Company
Location: Indiantown, Martin County, Florida
Commercial Operations: 2019

U.S. EcoGen Martin, LLC ("EcoGen Martin") is a special purpose company formed by U.S. EcoGen, LLC ("EcoGen") for the purpose of developing, financing, owning and operating a 66 MW (Net) biomass bottom-cycle electrical generating facility to be located in Indiantown, Martin County, Florida. EcoGen Martin and Florida Power & Light Company ("FPL") executed a 30-Year Power Purchase Agreement ("PPA") on December 14, 2012. The PPA received the Florida Public Service Commission's ("FPSC") approval with a unanimous vote (5-0) on April 9, 2013, which became a final order on June 21, 2013.

On December 9, 2015, EcoGen Martin executed an Option Agreement to purchase the 543 Acre project site in Indiantown, Martin County, Florida ("Martin Site"). The Martin Site was previously zoned for Power Generation and Agriculture development and has excellent road access for fuel supply deliveries and access to FPL’s transmission system. The Martin Site is also surrounded by competitively priced agricultural lands ideal for growing EcoGen Martin’s biomass fuel on the Ecogen Martin Plantations. The Martin Site’s remote location serves to mitigate potential impacts on the local community. EcoGen Martin is expected to secure project financing in 2017 and begin operation in 2019.

The benefits to the local community include the following:

  • Direct investment of $240 million towards the construction of the biomass generating facility;

  • Economic infusion of $48.7 million into the local economy by the completion of the Project;

  • Creation of 374 new construction jobs with a total labor income of $18.5 million;

  • Creation of 160 new direct and indirect permanent jobs with a total reoccurring annual labor income of $6.8 million; and

  • Ongoing annual economic impact in the local economy of $ 20 million.




EcoGen Clay Generating Facility


Facility Type: Biomass Bottom Cycle Electrical
Generating Facility
Facility Capacity: 66 MW (Net)
Utility Customer: Florida Power & Light Company
Location: Green Cove Springs, Clay County, Florida
Commercial Operations: 2019

U.S. EcoGen Clay, LLC ("EcoGen Clay") is a special purpose company formed by U.S. EcoGen, LLC ("EcoGen") for the purpose of developing, financing, owning and operating a 66 MW (Net) biomass bottom-cycle electrical generating facility to be located in Green Cove Springs, Clay County, Florida. EcoGen Clay and Florida Power & Light Company ("FPL") executed a 30-Year Power Purchase Agreement ("PPA") on December 14, 2012. The PPA received the Florida Public Service Commission's ("FPSC") approval with a unanimous vote (5-0) on April 9, 2013, which became a final order on June 21, 2013.

EcoGen Clay is completing an Option to purchase the 100 Acre project site in Clay County, Florida ("Clay Site"). The Clay Site was previously zoned for industrial development and has excellent road access for fuel supply deliveries and access to FPL’s transmission system. The Clay Site is also surrounded by competitively priced agricultural lands ideal for growing EcoGen Clay’s biomass fuel on the Ecogen Clay Plantations. The Clay Site’s remote location serves to mitigate potential impacts on the local community. EcoGen Clay is expected to secure project financing in 2017 and begin operation in 2019.

The benefits to the local community include the following:

  • Direct investment of $240 million towards the construction of the biomass generating facility;

  • Economic infusion of $48.7 million into the local economy by the completion of the Project;

  • Creation of 374 new construction jobs with a total labor income of $18.5 million;

  • Creation of 160 new direct and indirect permanent jobs with a total reoccurring annual labor income of $6.8 million; and

  • Ongoing annual economic impact in the local economy of $ 20 million.