Mas Energy Closes Sale of GES-Port Charlotte, LLC To Lime Energy Asset Development, LLC
Mas Energy, LLC (Mas) has closed the sale of GES-Port Charlotte,
LLC to Lime Energy Asset Development, LLC (LEAD). GES-Port
Charlotte, LLC owns landfill gas and development rights from
Charlotte County Florida's Zemel Road landfill. The sale of
GES-Port Charlotte, LLC allows MAS to focus development resources
on its larger domestic and international energy projects.
Mas acquired GES-Port Charlotte, LLC in June of 2009 and
immediately commenced development of the project including securing
permits, design and construction of the gas collection and control
system, interconnect design and application, initiating power
purchase agreement (PPA) negotiations, and assisting Charlotte
County with selling Carbon Credits.