ATLANTA – (COMMERCIAL THREAD) – PIC Group, a global supplier of electricity and energy services with experience in biomass power plants and having operated and maintained over 16,500 MW worldwide, has obtained the agreement to operate and maintenance (O&M agreement) for the Eagle Valley Clean Energy Biomass plant located in Gypsum, Colorado by Eagle Valley Clean Energy LLC. Under the terms of the O&M agreement, valued at over $ 8 million, PIC Group will provide a standards-based approach to O&M services, as well as oversight at plant equipment performance distance from the PIC Group Remote Operations Center (ROC) through 2024. This approach ensures consistent and reliable operations while enabling Eagle Valley Clean Energy to achieve its compliance, performance and business management objectives while reducing operational risk for the 12 MW biomass power plant.

“PIC Group is a well-established organization with experience in the operation and maintenance of biomass power plants, a proven set of management systems, operations and maintenance programs and standards, and the ability to efficiently process knowledge transfer and leadership development enabling Eagle Valley Clean Energy to optimize its operational and financial objectives, ”said Greg Greenman, vice president of operations at Greenbacker Group.

“The PIC group’s operation and maintenance methodology, combined with a comprehensive leadership development philosophy and a variety of leading-edge technologies, enables the safe and efficient operation and maintenance of power plants and sustainable asset value.” said Frank Avery, President and CEO of Groupe PIC.

About Eagle Valley Clean Energy LLC

The Eagle Valley Clean Energy Biomass facility is owned and part of the portfolio of Greenbacker Renewable Energy Company LLC, which includes a nominal capacity of 1.10 GW of renewable energy with 259 assets in 30 states, provinces, territories and districts. Greenbacker Renewable Energy Company LLC is an unlisted limited liability company with a diverse portfolio of renewable energy generating power plants, energy efficiency projects and other sustainable investments.

About the PIC group

Founded in 1988, PIC Group, Inc. is dedicated to delivering value by providing global energy services to facilities on four continents – North America, South America, Asia and Africa. PIC provides operations and maintenance (care, conservation and control), commissioning and start-up, documentation and training and staffing services and serves the power generation, petroleum and petroleum industries. and gas, petrochemicals, pulp and paper, and manufacturing.

PIC Group, Inc. is a wholly owned subsidiary of Marubeni Corporation, a Fortune Global 500 company. Marubeni is a major Japanese sogo shosha (international trading company) and the third largest independent power producer (IPP) in the world.

(www.picgroupinc.com)

About Marubéni

Marubeni Corporation and its consolidated subsidiaries use their extensive trade networks, both in Japan and abroad, to carry out imports and exports (including trade with third countries), as well as domestic activities, encompassing a wide range of activities, including consumer products, food, agriculture, chemicals, energy and metals, and energy machinery and business infrastructure.