Niagara Worldwide FAM Germany Announces Redevelopment of Former CHOREN Biomass Gasification Plant in Freiberg, Germany

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Niagara Worldwide FAM Germany has announced the site redevelopment, orderly sale and reuse of select processes of the former CHOREN Gasification Plant in Freiberg, Germany. The CHOREN 7 acre Beta Gasification Plant was decommissioned in 2011; much of the equipment is less than 2 years old, some of which was brand new and never installed.

Former Choren Biomass Gasification Plant in Freiberg, Germany

Faith Asset Management Germany GmbH & Co. KG (FAM Germany), in conjunction with Niagara Worldwide has announced the site redevelopment, orderly sale and reuse of select processes of the former CHOREN Gasification Plant in Freiberg, Germany. The CHOREN 7 acre Beta Gasification Plant was used in sustainable CO2 neutral fuel production from organic feedstock. The plant was decommissioned in 2011; much of the equipment is less than 2 years old, some of which was brand new and never installed. Details on the systematic redevelopment of the CHOREN Plant will be available the first of January 2013. FAM Germany welcomes any interested partners, project ideas or partnership concepts that could utilized the CHOREN Gasification Plant or equipment. “Based on early interest in the plant’s prime location and advanced technology, site re-use is imminent”, said Eric J Spirtas, President of Niagara Worldwide, the company selected to manage the site assets and redevelopment of the facility, “With the availability of incentives and the renewable credits found in Germany and around the world, it is as if there is a spotlight on this type of plant, land and equipment.

Niagara Worldwide LLC; acquires, manages, markets and sells for final disposition idle industrial property and assets around the world on its own account and for the benefit of other international companies. Properties procured by Niagara Worldwide vary in size, scope and type, requiring very specific redevelopment efforts designed by our growth management team to suit the specific location and respective needs of the community and its specialized clients.
To learn more, visit: http://www.niagaraworldwide.com

For further information:
Niagara Worldwide LLC
Eric J. Spirtas, President
P: 314-780-3742
E: eric.spirtas(at)niagaraworldwide(dot)com

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