IHI Power Services awarded a 5-year Operations and Maintenance contract from Shasta Renewable Resources, LLC

ALISO VIEJO (September 1, 2013) - IHI Power Services Corp. is pleased to announce that it has entered into an operations and maintenance contract with Shasta Renewable Resources, LLC, headquartered in San Francisco California. IHI Power Services will provide full care, custody and control O&M services to the Shasta Renewable Energy Facility, a 6.5 MW biomass fired electric power generating facility located in Anderson California. The plant is operating under a long-term Power Purchase Agreement with Pacific Gas & Electric (PG&E).

“This is a great opportunity for IHI Power Services to bring to bear our considerable experience in the operation and maintenance of biomass facilities.” said Steve Gross, CEO of IHI Power Services. “We look forward to working with Shasta Renewable Resources to transition the facility to stable and reliable long term operation.”

“IHI Power Services was selected as our O&M provider based on their proven track record of success in operating their own fleet of biomass facilities.” said Ali Amiry, President and CEO of Shasta Renewable Resources. “We are pleased to have a partner who understands not only the day to day operations, but the business side of managing the facility.”