LYONS FALLS, NY -- ReEnergy Holdings LLC has pledged millions of dollars to improve the 20-year-old biomass electric facility here that it recenly purchased.
ReEnergy Holdings of Latham, NY, qcquired the plant in May from Central Hudson Enterprises Corp., a subsidiary of CH Energy Group Inc., of Poughkeepsie, NY.
Thomas Beck, a principal with ReEnergy. said, “We are definitely going to be spending millions of dollars to improve the reliability of the facility and that will definitely result in the ability to provide a very stable outlet for wood residues for local foresters.”
ReEnergy Holdings plans to convert the 50-megawatt plant from coal to biomass fuel, primarily wood chips, but also tires and solid fuels.
Have something to say? Share your thoughts with us in the comments below.