Wood Pellet Plant Acquired by Alternative Energy Company
Argus launches Baltic wood pellet price index

Wood Pellet Plant Acquired by Alternative Energy Company Wood pellet manufacturer Natures Earth, located in Laurinburg, NC, is set to be acquired by “Waste 2 Energy” operator GreenWorld Development, for $16.5 million, as a result of a binding framework agreement signed April 30.

The wood pellet manufacturing plant reportedly has a capacity to produce 120,000 metric tons and generate $20 million in annual revenues. This Natures Earth acquisition is part of GreenWorld’s plan to expand its alternative energy plans in the US and Europe.

 

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