350 South Willow Avenue, Fresno, CA 93725, a 25 acre lot also known as Fresno County Assessor’s Parcel 331-0716S on which RB Fresno is operating an on-going energy business, principally consisting of an approximate 30.5 megawatt biomass-fired power generation facility and related equipment including but not limited to power generation equipment, 115KV Sub-Station interconnection and transmission facility, fuel receiving and handling equipment, cooling towers and other related facilities.
RB Fresno is owned (100%) by IPGC Fresno (50%), a wholly owned subsidiary of IHI Power Generation Corp (“IP{GC”) and IHI, and by Ultrapower Fresno, LP (40% and by Malaga Power Investors, LP (10%) (collectively 50%), each wholly owned subsidiaries of NAPG.
RB Fresno is offered as an on-going biomass-fired California Energy Commission certified renewable energy production facility. In the event a prospective purchaser proposes to re-purpose the site, the Owners will be responsible for removing all site improvements and equipment no longer desired by the purchaser.