Canada-based Hefler Forest sells biomass plant
Canada-based Hefler Forest Products has sold its 3.7MW biomass power plant in Middle Sackville, Nova Scotia, the first sale of its kind in Canada.
The new owners, Hawthorne Capital and Katalyst Wind, are considering having a third party operate the sawmill on site.
Kevin Bromley, a PricewaterhouseCoopers partner, told The Chronicle Herald the sale is the first of its kind in Canada.
“I’ve never seen (a biomass power plant) run independently. Every one I know has been tied to a forestry company,” Bromley said. “This is the first time I’ve seen a purchase by a non-industry buyer.”