Peak Renewables reports it is building a 600,000 tonne per year industrial wood pellet facility in Fort Nelson, British Columbia. Fort Nelson First Nation will reportedly have equity in the plant, which is anticipated to be in operation in 2022.
Recently, Peak Renewables purchased Canfor’s forest tenure in the Fort Nelson region and Canfor’s Fort Nelson mill assets, including an idle sawmill and OSB facilities. The site reportedly has buildings, a log pond and a biomass energy plant. The new mill will export its pellets to Asia.
The Peak Renewables executive team includes founder and chairman, Brian Fehr. He is a co-founder of BID Group, which had tremendous success with the turnkey supply and construction of sawmills in the Southeast U.S.
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