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    19.6 MW Biomass Power Plant for Sale in the U.S

    Description

    L#20240642

    A 19.6MW Biomass Power Plant for Sale in the Northeast U.S.A

    Overview

    The company has remained at the forefront of the local power provision, overseeing the operation of an advanced 19.6MW wood-fired electrical power biomass generation facility. At the heart of the company lies a profound sense of pride in their enduring legacy of empowering the local community. Furthermore, as a baseload electrical generation plant, the facility consistently operates at ornear total capacity, ensuring a dependable and uninterrupted power supply. The power plant provides an important environmentally responsible forest management solution as well as a substantial value chain benefits to the local timber industry. Permitted extension will generate incremental EBITDA of over $4M.

    Immediate Growth/Upside:

    • Conversion to CHP
    • Production of dry chips
    • Production of biochar

    Plant Overview

    Net Capacity: 19.6 MW
    Burn Rate: 1.60 tons/MWh
    Primary Fuel Type: Whole Tree Chips

    2021 Generation: 166,903 MWh
    2021 Consumption: 266,069 tons

    2022 Generation: 137,184 MWh
    2022 Consumption: 229,233 tons

    2023 Generation: 160,776 MWh
    2023 Consumption: 263,300 tons

    PPA Expiry: October 31, 2032
    Acquisition: August 2020
    Employees: 19

    Financials

    Gross Revenue:
    Projected 2024: $16,600,000
    2023: $18,356,578
    2022: 15,605,556

    EBITDA:
    Projected 2024: $3,250,000
    2023: $2,293,868
    2022: 2,594,007

     

    Investment Highlights 

    • Permit N° 7C1412 for the waste heat recovery and belt dryer extension project has been issued in October The facility will become a CHP plant in July 2025.
    • There is potential for a 4-5MW solar project on about 30 acres of its
    • The Power Plant provides an important environmentally responsible forest management solution, as well as substantial valuechain benefits to local timber
    • Strong long term historical fuel relationships with suppliers for over 30 years, and substantial on site – fuel storage.
    • The company has a history of safe, strong, and reliable operations.
    • PPA extended until October 2032, based on Act 155.
    • The facility has the potential to support the development of biofuels and biochar production.
    • Highly experienced team.

    Basic Details

    Target Price:

    $25,000,000

    Gross Revenue

    $18,356,578

    EBITDA

    $2,293,868

    Business ID:

    L#20240642

    Country

    United States

    Detail

    Business ID:L#20240642
    Property Type:Renewable Energy
    Target Price: $25,000,000
    Gross Revenue:$18,356,578
    EBITDA:$2,293,868
    Target Price / Revenue:1.36x
    Target Price / EBITDA:10.9x
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      A 19.6MW Biomass Power Plant for Sale in the Northeast U.S.A

      Overview

      The company has remained at the forefront of the local power provision, overseeing the operation of an advanced 19.6MW wood-fired electrical power biomass generation facility. At the heart of the company lies a profound sense of pride in their enduring legacy of empowering the local community. Furthermore, as a baseload electrical generation plant, the facility consistently operates at ornear total capacity, ensuring a dependable and uninterrupted power supply. The power plant provides an important environmentally responsible forest management solution as well as a substantial value chain benefits to the local timber industry. Permitted extension will generate incremental EBITDA of over $4M.

      Immediate Growth/Upside:

      Plant Overview

      Net Capacity: 19.6 MW
      Burn Rate: 1.60 tons/MWh
      Primary Fuel Type: Whole Tree Chips

      2021 Generation: 166,903 MWh
      2021 Consumption: 266,069 tons

      2022 Generation: 137,184 MWh
      2022 Consumption: 229,233 tons

      2023 Generation: 160,776 MWh
      2023 Consumption: 263,300 tons

      PPA Expiry: October 31, 2032
      Acquisition: August 2020
      Employees: 19

      Financials

      Gross Revenue:
      Projected 2024: $16,600,000
      2023: $18,356,578
      2022: 15,605,556

      EBITDA:
      Projected 2024: $3,250,000
      2023: $2,293,868
      2022: 2,594,007

       

      Investment Highlights 

      MergersCorp M&A
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