[NEWS] Maine Loggers Say Biomass Energy Company Fails To Pay For Wood

– by Fred Bever, August 23, 2017, Maine Public Radio

wood scraps treeware

Photo: Treeware.com

A biomass energy company subsidized by Maine taxpayers continues to struggle. Loggers say Stored Solar isn’t paying them for wood they’ve delivered to its plants. But another biomass energy company eligible for the incentives is hitting its targets.

George Moon is a fourth-generation logger and owner of TJ Timber Products in Hancock, a three-person operation that’s seen hard times in recent years, as Maine paper mills have shut down. He says he hasn’t been paid since April for wood-fuel he’s delivered to Stored Solar’s Jonesboro biomass plant. His tab, he says, is now nearly $50,000. Meanwhile, he’s had to pay the Downeast landowners whose properties he’s logged.

“So I had to go borrow the money from the bank so I could pay my landowners their stumpage so I didn’t get in trouble that way,” Moon says. “And I’ve worked with my creditors until I can play catch up, and get back on my feet and everything and recoup what I’ve lost, if they pay me.”

READ MORE at Maine Public Radio

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