Fortistar Creates Enough Clean Energy to Power More Than Two Hundred Thousand Homes in 2017
Fortistar, which invests in energy sources primarily focused on
transitioning to a zero-carbon economy, announced today that through its
six industry leading companies, the company generated over three million
MWh of clean electricity this year—the equivalent of powering 281,159
homes.
“In the U.S. and around the world, we are witnessing the decarbonization
of power consumption,” said Mark Comora, President of Fortistar. “As
more and more communities realize and act on the significant social,
environmental and financial benefits of low-carbon generation
technologies the energy landscape is changing. This transformation has
huge implications for our national competitiveness and we are proud to
be a part of this positive change.”
Fortistar’s 2017 successes include: managing and building over 100
compressed natural gas (CNG) fueling stations generating 60M GGE of CNG
by TruStar Energy; the operation and management of 31 renewable landfill
gas (LFG) to energy facilities with 1M MWh capacity; a generating
capacity of just over 1.1M MWh created by Primary Energy Recycling; 339M
MWh from the New York Cogeneration Group; and 490 MWh of renewable
energy capacity generated by its Biomass Group. These activities
contributed to more than seven million tons of mitigated carbon
emissions – the equivalent of planting and growing more than 78 million
trees over 10 years.
This year, Fortistar also launched a new website that offers quick and
easy access to information about the firm’s investment strategy and
portfolio companies’ projects. Visitors to the new website can learn
about how the team’s disciplined focus has resulted in superior returns
and helped communities and companies transition away from fossil fuels
to lower carbon energy solutions.
For more than 20 years as a privately-owned firm, Fortistar has built,
invested in and managed an unparalleled portfolio of successful
co-generation and other transitional clean energy generation projects in
the U.S. and Canada. The company’s exceptional accomplishments are built
on a foundation of outstanding professionals and their ability to forge
strong relationships with investors, customers and local communities.
To learn more about Fortistar, visit www.fortistar.com.
ABOUT FORTISTAR
Headquartered in White Plains, New York, Fortistar is a private
investment firm that owns and operates energy related assets for a low
carbon economy. Our success is built on a foundation of experienced
professionals who share a deep understanding of energy related
operations, financing and development.
For decades, the company has developed, invested in and managed an
unparalleled portfolio of successful power and energy initiatives in the
United States and Canada, including cogeneration facilities; compressed
natural gas fueling stations; landfill power plants; and biomass
facilities.
There is a natural tendency to be introspective. Fortistar's nature,
however, is to look outwards, at its connection to customers, investors,
partners and markets. As you review our capabilities and results,
consider the common thread that ties it all together: a focus on turning
the human aspects of business into superior returns and tangible answers
to global issues.
Fortistar companies include TruStar
Energy, Primary
Energy Recycling, Fortistar Methane Group, New York Cogeneration
Group, Fortistar Biomass Group, Clock.In
and Carbonfree Chemicals.
For more information, please visit www.fortistar.com.
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