Flex OC Renewables, a FlexEnergy Subsidiary, Signs Agreement To Install and Operate Santiago Canyon Methane To Energy Project in Orange County, CA

SANTA ANA, Calif., Jan. 3, 2012 /PRNewswire-USNewswire/ -- Yesterday, the Orange County Board of Supervisors approved, by a 5-0 unanimous vote, a binding agreement with Flex OC Renewables, a subsidiary of FlexEnergy Inc (www.flexenergy.com), as the primary firm to install and operate a system that will provide power generation from landfill gas at the Santiago Canyon Landfill in Orange.

The Santiago Canyon project will be one of the world's most environmentally advanced facilities for generating power while destroying methane and related air pollutants. The Santiago Canyon project will also help Orange County meet the stringent air quality emissions for waste gases scheduled to go into effect in 2013. Santiago Canyon Landfill has been closed since 1988, and until now has "flared" or burned off methane created as trash decomposes.    

"By installing the Flex Powerstation™ FP250 power generation system, we will be able to beneficially reuse landfill gas to generate a source of revenue and renewable energy," said Joseph Perry, CEO, FlexEnergy .

FlexEnergy manufactures advanced turbine technologies that generate power from methane and natural gas with the lowest emissions of related air pollutants achieved to date.  The company recently moved into a new 35,000 square foot headquarters in Irvine, approximately 15 minutes from the Santiago Canyon project site.

As proposed, the Santiago Canyon project will use several Flex Powerstation™ FP250 turbines, which use an advanced thermal oxidizer to destroy methane reliably within a target temperature range that is high enough to avoid the creation of volatile organic compounds (VOC's) and Carbon Monoxide (CO), yet low enough to prevent the formation of Nitrous Oxide (NOx). An assessment of the available landfill gas at the site suggests that between 1.5 and 2 megawatts of power will be produced, which is enough to power between approximately 1,500 and 2,000 homes.

"We expect Santiago Canyon to become a showcase facility that will enable Orange County to continue its leadership in clean technology, create jobs, improve our environment, and reduce our dependence on foreign oil," said Perry.   

Flex OC Renewables will now enter the next phase of the project, which includes finalizing the utility interconnect and power purchase agreements, conducting environmental review, and preparing the site for project development.  The project is scheduled for completion in 2012.

For more information on FlexEnergy, please visit www.flexenergy.com.

About FlexEnergy Inc:
FlexEnergy Inc (www.flexenergy.com) is the developer of the world's cleanest energy platforms, transforming one of the world's largest sources of greenhouse gases (low quality methane) from a source of pollution into a clean energy source. FlexEnergy Inc manufactures a product line of turbines with the lowest emissions and widest fuel flexibility. The energy-efficient Flex Turbine^™ MT250 is the leader in its class with hundreds of thousands of field operating hours burning methane or natural gas.  The Flex Powerstation^™ FP250 with the patented thermal oxidizer is the only turbine which offers both pollution control and energy generation. FlexEnergy Inc is headquartered in Irvine, Calif. with manufacturing and service facilities in Portsmouth, N.H. and Mocksville, N.C.

For more information, visit www.flexenergy.com.

FlexEnergy Inc investors include SAIL Capital Partners, a cleantech investment firm with unique global insight into technologies, markets and opportunities (www.sailcapital.com), and RNS Capital Partners, a closely held private equity firm with investments in energy services, clean technology and education (www.rnscapitalpartners.com).

SOURCE FlexEnergy Inc.

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