New Generation Biofuels to Supply Biofuel for Dynegy Power Plant
Posted on: Friday, 6 June 2008, 03:00 CDT
New Generation Biofuels Holdings has entered into its first biofuels sales contract with a subsidiary of Houston-based energy company Dynegy.
The contract calls for New Generation Biofuels to supply up to 1.7 million gallons per year of biofuel for use at Dynegy's power plant in Oakland, California.
David Gillespie, president and CEO of New Generation Biofuels, said: "We are excited to have Dynegy as the first power plant operator to sign a biofuels contract with our company. Furthermore we see this development as a validation of our New Generation Biofuels technology in the power generation industry."
Source: Datamonitor
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