Dive Brief:

• Blue Sphere Corp. is planning to build a waste-to-energy plant in Johnston, RI. The waste-to-energy facility will make 3.2 megawatts of energy from food waste that would otherwise go into landfills. Local businesses and residences will receive the electricity generated following its sale to NG.
• The project is a joint venture of Blue Sphere Corp. and York Capital Management.
• The cooperative effort will create and maintain the biogas generation facility with the direction of Entropy Investment Management.

Dive Insight:

Blue Sphere Corp. expects to have the waste-to-energy plant operating at the fourth quarter of 2015's close. The firm co-developed the project with Orbit Energy Inc., which is based in Raleigh, NC.

"This facility is the ultimate landfill because we take waste in the front end and nothing coming out," said Blue Sphere CEO Shlomi Palas in a news release. "There’s no smell, just electricity and compost."