Laidlaw, PE Firm End Dispute Over Power Plant Buy

Law360, New York (October 20, 2011, 8:44 PM EDT) -- Renewable energy company Laidlaw Energy Group Inc. resolved a dispute with a unit of private equity firm Cate Street Capital Inc. over the purchase price of a biomass power plant project in New Hampshire, the company said Thursday.

Cate Street's Newco Energy LLC has agreed to pay $5.5 million to acquire Laidlaw Berlin BioPower LLC, boosting a payment consideration of $3.6 million, Laidlaw Energy said in a statement. Both parties are satisfied with the new agreement, Laidlaw Energy said without providing details of the discussions....
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