Tembec acquires cogeneration assets
Tembec, a forest products company based in Quebec, recently acquired the assets of Chapleau Cogeneration Ltd., a cogeneration plant and sawmill in Ontario. The assets, valued at approximately $1 million, include a biomass-fired boiler and steam turbine with an installed capacity of 7.2 megawatts. With this addition, Tembec's total captive generating capacity at its facilities in Canada and France now exceeds 150 megawatts. Twenty-six of those megawatts are located in Ontario, and are based on either hydropower or biomass-fired generation.