NOVI, Mich., Nov. 14, 2014 (GLOBE NEWSWIRE) -- Landfill Energy Systems, Innovative Energy Systems and Timberline Energy today announced that they have consolidated their names and will now operate collectively as Aria Energy. The Company's diversified portfolio of energy projects provides baseload renewable energy to utilities and other customers across the United States.
Richard M. DiGia, President & CEO of Aria Energy, commented: "We are entering a new chapter of growth as we continue to develop, own and operate renewable energy projects across the country. This consolidating change in our corporate and brand name better reflects our position in this industry and the degree of integration we have achieved. Our focus on owning, operating and developing long-lived energy projects that deliver stable long-term cash flows remains the same. We look forward to continuing to execute our growth and development strategy under our new name – Aria Energy."
About Aria Energy
Headquartered in Novi, MI, Aria Energy provides baseload renewable energy to utilities and other customers across the United States. Through its mergers of Landfill Energy Systems, Innovative Energy Systems and Timberline Energy, Aria Energy owns and/or operates a diversified portfolio of renewable energy projects across 16 states, collectively representing 265.9 MW-equivalent of baseload renewable energy capacity. Aria Energy owns 35 projects that produce electricity or pipeline-quality renewable natural gas and the Company provides operations and maintenance services to nine projects owned by third parties. For additional information, please visit: www.ariaenergy.com
The majority owners of Aria Energy are certain private equity funds managed by Energy Investors Funds. For additional information, please visit: www.eif.com
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Source: Aria Energy