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Hefler Lumber sells biomass power plant

The new owners, Hawthorne Capital and Katalyst Wind, are considering having a third party operate the sawmill on site.

Kevin Bromley, a PricewaterhouseCoopers partner, told The Chronicle Herald the sale is the first of its kind in Canada. 

“I’ve never seen (a biomass power plant) run independently. Every one I know has been tied to a forestry company,” Bromley said. “This is the first time I’ve seen a purchase by a non-industry buyer.” 

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