Buena Vista Biomass Power is Scheduled for July Auction
IONE, Calif. (PRWEB) June 19, 2018 -- Maas Companies of Rochester, MN will sell the Buena Vista 18 Megawatt Biomass Power Plant via auction. Maas Companies specializes in the liquidation of specialized and renewable assets for private companies, courts, banks and lenders nationwide. The assets will be sold via a sealed bid auction; the deadline for offers is Thursday, July 19 at 4 PM CDT. The plant is located at 4655 Coal Mine Road, Ione, California.
The plant has 18 megawatts of base-load electric generating capacity and is capable of powering 16,000 homes. The facility is located on 40± Acres with a long term land lease. The plant was re-powered in 2012 to accept sustainable biomass waste wood. In recent years biomass plants assisted the State of California with reducing emissions from uncontrolled forestry and agriculture fires and providing a form of renewable energy. This plant is currently idle however on May 10th California Governor Edmund G. Brown Jr. issued an executive order to look at long term use of small biomass generators. The goal is to address the amount of record breaking forest fires. The order also asks the California Public Utilities Commission to review and update its procurement programs for “small bioenergy renewable generators”. The state’s revised budget includes $96 million to support these activities.
Tyler Maas, director of sales and marketing for Maas Companies, states, “Located an hour east of Sacramento, this plant sits along a hillside and offers beautiful views of the surrounding county. The plant has gone through a multi-million dollar upgrade and has been professionally maintained.
Bidders interested in the plant should contact the auction company to receive access to all the due diligence documents prior to submitting a sealed bid.
Potential buyers are encouraged to schedule an inspection of the property and equipment during the below noted times or by private appointment:
Tuesday, June 19, 9 AM – 3 PM
Wednesday, July 18, 9 AM – 3 PM
Other times by appointment.
Contact: Allison Guyton
(507) 285-1444
Details of the sale are available at the auction website, http://www.powerplantauction.com or by contacting the auction company directly at 507-285-1444.
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Allison Guyton, Maas Companies, Inc., http://www.maascompanies.com/18040_12-mgy-biodiesel-plant/, +1 8005105465, [email protected]
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