Michael Bartoszek, the original developer of the Berlin biomass plant, has agreed to pay the Securities and Exchange Commission $3 million to settle charges he violated regulations, including misleading investors about the prospects and financial condition of his company, Laidlaw Energy Group.

By the end of 2013 the new biomass plant in Berlin should be operating and putting about $25 million a year into the forest economy, says Scott Tranchemontagne, a spokesman for the facility’s owners, Cate Street Capital of Portsmouth.

Wednesday morning a key part of the facility arrived, a 132-ton steam turbine carried on a transporter that is 175-feet long and has 74 wheels.

Powered by 750,000 tons of woodchips each year, the Burgess BioPower plant is expected to provide 75 megawatts of power to Public Service of New Hampshire.