Hefler Lumber sells biomass power plant

Maria Church
February 03, 2017
Written by
The sale of Hefler Forest Products is set to close Feb. 24.
The sale of Hefler Forest Products is set to close Feb. 24.
Feb. 3, 2017 - Nova Scotia-based Hefler Forest Products has sold its 3.7-megawatt biomass power plant in Middle Sackville, N.S., the first sale of its kind in Canada.

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.” 

Read the full story here

 

Comments  

 
0 #1 Gary Johnston 2017-02-08 19:05
Mr. Bromley
There is an independant 100% biomass Power plant that is operating in Williams Lake BC for over 20 years selling power to BC Hydro.
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