Niagara Worldwide's 24 MW Biomass Power Facility and the Defense Logistics Biomass Power Facility RFP Deadline has been extended to March 29 with kWh Cost Modified

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The Defense Logistics Biomass Power Facility RFP deadline has been extended to March 29, 2013 as well as kWh cost specifications changed. Niagara Worldwide Sherman Development LLC's projected reinstallation of the 24 MW Sherman Biomass Power Generating Facility meets the power generating requirements for the Defense Logistics new Biomass Generation Facility at Fort Drum.

Sherman 24 MW Biomass Power Plant

Niagara Worldwide Sherman Development LLC, meets the requirements for the Defense Logistics new Biomass Generation Facility at Fort Drum but needs a partner in the re-installation of the 24 MW Sherman Biomass Power Generating Facility. The RFP new deadline is March 29, 2013. The RFP has also been changed regarding power output cost do not exceed 0.056/kWh compounded at 3.6% per year. Sherman Development has been informed of the RFP due to the capability of moving the Sherman Plant, the relevant technology at Sherman and the cost reduction of 40% to 60% versus the installation of all new equipment. The 24 MW Plant has received attention due to the difficult process and long lead time for setting up a “brand new” biomass plant of this size and configuration. Niagara Worldwide Sherman Development LLC owns the Sherman facility and can help you move quickly on this opportunity. Unfortunately the time-frame is very tight. Interested parties will need to contact Niagara Worldwide immediately to finalize the RFP within the new March 29, 2013 time-frame.

Recently Boralex Inc. of Montreal, Quebec, sold four of its United States-based biomass electric plants (located in Maine) which convert scrap wood to power. The deal did not include Boralex’s plant in Stacyville, which was sold to Sherman Development and maintained in great condition for resale. The entire facility is set for a fast track re-use anywhere that a complete Biomass facility would be needed.

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.

Details and additional information on the Sherman Biomass Generating Facility and the Defense Logistics Agency RFP are available from Charles Sellberg at Niagara Worldwide, email: cs(at)niagaraworldwide(dot)com or phone: 314-644-2027.

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