Posts tagged with
Cate Street Capital

Maine Wood Pellet Projects Sputter

After years of delays, tax abatements and the dismantling of the former Great Northern Paper’s Millinocket facility, the proposed Thermogen wood pellet mill on that site remains in the early stages of development, but it is still live. While the company in the past year has remained relatively quiet about the project tied to Great […]

$140 Million Maine Pellet Plant Project Seeking State Air Emissions Permit

A Maine environmental agency is reviewing an air emissions permit application for a proposed $140 million specialized wood pellet mill, officials said Friday. Thermogen Industries submitted its amended application for a permit to the Maine Department of Environmental Protection on Friday. If the permit is approved, construction on the facility could start at the Katahdin […]

Cate Street Capital Changes ‘Whole Nature’ Of Maine Pellet Plant Proposal

Cate Street Capital has changed the “whole nature” of its proposal to build New England’s first torrefied wood facility at the former Great Northern Paper Co. mill, leaving unclear the status of the $25 million state bond backing the project, officials said Thursday. Cate Street Capital’s plans now call for replacing the $70 million microwave […]

$275 Million Woody Biomass Plant Set To Open In New Hampshire

A New Hampshire woody biomass power plant, developed to the tune of $275 million, is scheduled to begin generating electricity by the middle of next month. The Burgess BioPower plant is designed to produce 75 megawatts of electricity per year, equivalent to the amount of power used by about 75,000 homes. Cate Street Capital, developer […]

FAME Approves $25 Million Loan For Maine Wood Pellet Mill

The Finance Authority of Maine’s Board of Directors voted 8-5 to approve a $25 million bond on Thursday to build New England’s first torrefied wood pellet mill in Millinocket’s Katahdin Avenue industrial park. The key to Cate Street Capital’s proposal is a $35 million torrefied wood machine that according to FAME’s analysis will employ as […]

Company Confirms Plans For $120 Million Maine Wood Pellet Plant

A subsidiary of Cate Street Capital released a statement Friday morning confirming reports that it has plans to construct a multimillion-dollar wood pellet plant near the Port of Eastport marine cargo terminal. Thermogen Industries indicated in the release that it signed a letter of intent with the port authority’s board on Feb. 19. The plan […]

Millinocket Torrefied Wood Facility Gets Final DEP Permit

New England’s first torrefied wood facility received its final Maine Department of Environmental Protection permit, clearing the way for construction of a $48 million facility, 25 full-time jobs and possibly the birth of a nationwide industry, officials said Thursday. Cate Street Capital plans to open the Thermogen Industries LLC plant at the site of its […]

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