Colorado Biomass Plant Set For Auction
Eagle Valley Clean Energy in Gypsum, Colo. filed for bankruptcy in spring 2024, after the facility closed abruptly in November. Officials report an Illinois real state company has the leading bid to acquire the facility and will likely do so for $2.45 million. Started up in 2013, the plant was the first in the state constructed primarily to utilize biomass material coming off timber salvage and forest health restoration projects, and the closure eliminates a major market that allows such projects to go forward. The plant utilized 250 tons/day, and produced 11.5 MW.
Acquired by Greenbacker Renewable Energy in 2019, Eagle Valley Green Energy’s bankruptcy filing includes more than $600,000 owed to logging and forest restoration specialist West Range Forest Products. West Range has multiple forest health projects in regional national forests that produce biomass and related fuel wood. Noting that the plant buyer’s proposal included not renewing Eagle Valley Clean Energy’s power sales contract with a local utility, there’s little likelihood the facility will be put back into service and its 90 acre site will be repurposed.
Latest news
Musser Plans More Byproducts
Musser Biomass and Wood Products, a division of family-owned and operated Musser Lumber Co., will invest $7.5 million and create 10 new jobs to expand its operation at Rural Retreat, Va. The expansion will more than double production of dried hardwood chips and sawdust the…
BC Biocarbon Teams With Dunkley Lumber
Jonathan Wilkinson, Minister of Natural Resources, announced a $10 million contribution to BioLesna Carbon Technologies LP, a joint venture between BC Biocarbon and Dunkley Lumber Ltd., for a new biorefinery in Carrot River, Saskatchewan…
Bruks Siwertell Acquires West Salem Machinery
Bruks Siwertell Group has signed an acquisition contract for North American heavy machinery specialist, West Salem Machinery (WSM), effective July 1, 2023. The Oregon-based engineering and manufacturing company will continue to operate under its current name as a separate internal division within Bruks Siwertell…
Asia Global Pellet Share Is Growing
While worldwide trade of pellets remained roughly unchanged year-over-year in 2022 from 2021, Asia has increased its global share of wood pellet imports to a record 32%, according to a recent report in WoodMarket Prices at ResourceWise…
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.