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PowerMinn 9090
55 Megawatt Poultry Litter Fired Power Plant in Benson, MN

The Herrick Company, in its capacity as an advisor for single purpose ownership entities, and HH Capital Advisors, LLC completed the purchase and leaseback of the Fibrominn 55 Megawatt poultry-litter fueled power plant in Benson, Minnesota in December 2004 with $202 million in financing led by Prudential Capital Group, John Hancock Financial Services and Metropolitan Life. This first-of-its-kind poultry-litter fueled power plant in the US will generate 55MW of electricity (enough electricity to power 50,000 home) from approximately 700,000 tons per year of turkey litter in combination with agricultural biomass.

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The Herrick Company, Inc., A Real Estate Investment Firm*
2295 Corporate Blvd. N.W., Suite 222, Boca Raton, FL 33431 Tel: 561.241.9880 Fax: 561.241.9887
2 Ridgedale Avenue, Suite 370, Cedar Knolls, NJ 07927 Tel: 973.539.1390 Fax: 973.539.0596
50 Washington Street, 7th Floor, Norwalk, CT 06854 Tel: 203.854.5867

*All references to "The Herrick Company" on this website shall refer to "The Herrick Company, in its capacity as an advisor for single purpose ownership entities."

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