Rutland Herald: Fair Haven pellet plant project back on track

Sep 26, 2011 No Comments by

Reposted here from the Rutland Herald.

By Lucia Suarez

STAFF WRITER – Published: September 24, 2011

 

FAIR HAVEN — Contractors for a proposed biomass plant and wood pellet manufacturing facility in Fair Haven said permitting applications for the project are back on track after Beaver Wood Energy closed financial deals to cover additional permit costs.

 

A company official said they acquired more than $1 million in additional funds to complete development. It removed a road block in the project’s permit process.

 

Beaver Wood developer Tom Emero said the additional money was for the Act 250 land use permit and other aspects of permitting. He said, with the financing in place, they will move forward with the Section 248 permit process with the Vermont Public Service Board.

 

“We are now putting together our schedule (for the Vermont Public Service Board),” Emero said. “We anticipate the process will continue throughout the rest of the year and into next year.”

 

Beaver Wood Energy proposed a 29-megawatt biomass-fueled power plant and wood pellet production facility off Exit 1 in Fair Haven. It is expected to cost approximately $250 million.

 

“It’s by far one of the cleanest biomass facilities planned in the country,” Emero said. “It’s extremely clean.”

 

An identical project was proposed in Pownal, but the company withdrew its petition with the Public Service Board in April in the face of community opposition.

 

“We are basically not pursing the Pownal project,” Emero said. “If and when Pownal are interested in a project like this we will be very interested in talking with them.”

 

In addition to the Section 248 permit, also called a certificate of public good, Beaver Wood Energy is in the process of submitting or completing other required permits, including water and air quality permits.

 

Emero said there is a long list of permits necessary and they have completed approximately 98 percent of the work to file all permits. The Act 250 land use permit application will be submitted sometime early next year, he said.

 

Beaver Wood Energy is also in final negotiations with a joint developer for a greenhouse facility and producer warehouse facility that will be included in the construction site. He said he could not disclose the name of the developer, but said the negotiations should be finalized next week.

 

“It will be a big deal for us. It will employ a lot of people,” he said. “I can say it is a true third leg of this stool.”

 

lucia.suarez@rutlandherald.com

 

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