Berlin, N.H. paper mill to become largest wood chip-burning plant in North America

[Fledermaus]

The Berlin project aims to convert the former paper mill into a biomass-fired power plant capable of generating 60 megawatts of renewable power through the use of 700,000 tons of clean wood biomass chips per year. The project involves a capital investment of more than $100 million from Laidlaw and other investors, which is being managed by HH Capital Advisors LLC, a North Hampton, N.H.-based real estate investment firm.

Among the assets to be acquired by Laidlaw is the facility's Babcock & Wilcox boiler, which was installed by Fraser in 1993 at a cost of nearly $100 million. The boiler will offer a steam capacity of 600,000 pounds per hour after biomass conversion, according to documents on Laidlaw's website.

According to a Laidlaw statement, the new facility will employ 40 people directly and create more than 500 indirect jobs. Once completed, it is expected to be the largest wood chip-burning plant in North America.

http://www.bizjournals.com/masshightech/stories/2008/05/12/daily1.html