Colorado Biomass Power Plant Set For Auction
Eagle Valley Clean Energy in Gypsum, Colo. filed for bankruptcy in spring 2024, after the facility closed abruptly in November. Officials report an Illinois real state company has the leading bid to acquire the facility and will likely do so for $2.45 million. Started up in 2013, the plant was the first in the state constructed primarily to utilize biomass material coming off timber salvage and forest health restoration projects, and the closure eliminates a major market that allows such projects to go forward. The plant utilized 250 tons/day, and produced 11.5 MW.
Acquired by Greenbacker Renewable Energy in 2019, Eagle Valley Green Energy’s bankruptcy filing includes more than $600,000 owed to logging and forest restoration specialist West Range Forest Products. West Range has multiple forest health projects in regional national forests that produce biomass and related fuel wood. Noting that the plant buyer’s proposal included not renewing Eagle Valley Clean Energy’s power sales contract with a local utility, there’s little likelihood the facility will be put back into service and its 90 acre site will be repurposed.
Latest News
OLC Raises College Scholarship Funds
A group of 23 teams and many generous sponsors helped raise more than $61,000 at the 5th Annual Oregon Logging Conference Foundation (OLCF) Clay Target Tournament fundraiser held on September 8, 2023. Proceeds will provide college and technical scholarships to be awarded by the OLCF. “Once again we are very fortunate to be able to hold this fundraiser and at the end of the day, we raised more than $61,000 which will provide financial assistance to the next generation workforce in our industry,” said event chair and OLC Board Member Jeanne Shuttleworth…
WANT MORE CONTENT?
Spanning seven decades since its inception in 1952, Timber Harvesting highlights innovative and successful logging operations across the U.S. and around the world. Timber Harvesting also emphasizes new technology and provides the best marketing vehicle for the industry’s suppliers to reach the largest number of loggers in North America and beyond.
Call Us: 800.669.5613
