March 16, 2020 By Ellen Cools
In November 2018, Timberlands International, a subsidiary of Active Energy Group (AEG) proposed a new $19.7M wood pellet plant in Hawke’s Bay, N.L.
Since January 2019, there has been no news from the company regarding the plant, reports The Telegram.
The company has a total annual allowable cut of 100,000 cubic metres from two forestry areas. The Department of Fisheries and Land Resources’ permit stipulates that 30-60 per cent of the timber must be harvested in the first 30 months. According to The Telegram, 15 months have passed since the permits were first awarded, and Hawke’s Bay has not received requests from the company to build anywhere in the community.
Timberlands is also not in good standing in Service NL’s registry, and two of the directors currently listed in the registry are no longer with the company, The Telegram reports.
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