ForeverGreen, International Power propose $227 million waste-to-energy project in Indiana

In Indiana, ForeverGreen Enterprises and International Power Group announced a plan to construct a $227 million plant that will convert 750 tons of industrial, chemical and medical waste into biofuels and electricity. The New Jersey-based Forever Green will contribute its waste breakdown technology and will own 75 percent of the venture. International Power will contribute its heat-to-energy technology for plant power, and will own the remaining 25 percent.

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