June 28, 2007

WM To Spend $400 Million On Landfill Gas-To-Energy Facilities

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Waste Management Inc. is rolling out an initiative over the next five years that will create an additional 60 renewable energy facilities in North America, Houston Business Journal reports. WM, according to CNNMoney, plans to spend roughly $400 Million

WM says the new facilities, combined with its nearly 300 current landfill gas-to-energy facilities, will generate more than 700 megawatts of renewable energy.

The company will begin building facilities this year in Texas, Virginia, New York, Colorado, Massachusetts, Illinois and Wisconsin.

One of those new facilities will provide power to Excel Energy, the Denver Post reports.

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