[NEWS] Alabama Company Buys Closed Biomass Power Facility in Maine
– by J. Craig Anderson, February 16, 2017, Portland Press Herald
A shuttered, 24-megawatt power plant fueled by wood chips in Penobscot County is expected to come back on line by the end of June, bringing an estimated 300 jobs to the area.
An Alabama-based company called 42 Railroad Ave LLC has signed a deal to purchase the biomass power plant in Stacyville, formerly operated by Sherman Development, for an unspecified amount from Niagara Worldwide LLC after four years of negotiations. The deal makes 42 Railroad Ave the owner of one of the largest privately owned power stations in the United States.
Company CEO Steven Johnson said in a news release he plans to rebuild the turbine, activate new transmission lines and build a rotary kiln to produce more than 100 tons per day of activated carbon, which has applications including water and air purification, oil spill cleanup, medical treatments and trapping mercury emissions from coal-fired power stations and natural gas wellheads.