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Burgess BioPower Terminates Power Purchase Agreement, Files for Bankruptcy

Burgess BioPower, the wood-fired power plant in Berlin, has terminated the Power Purchase Agreement governing the sale of power to Eversource and is filing for bankruptcy, according to a Burgess news release. ....

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Distant Dome: Economic Upheaval Is Inevitable, but Traumatic - InDepthNH.orgInDepthNH.org

But Gov. Chris Sununu vetoed the bill last week saying “New Hampshire ratepayers have been taken for over $200 million in order to subsidize the Burgess Biomass Plant in Berlin, NH. Enough is enough,” adding “The Power Purchase Agreement with Burgess Biopower is a great example of what can go wrong when the good intentions of a sympathetic government get exploited and abused by opportunists in the private sector.” ....

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