Enova to purchase Georgia plant
Enova Energy Group has announced it will acquire Southeast Georgia Biofuels, a wood pellet plant in Nahunta, Ga.
The plant, previously known as Biomass Innovations LLC, opened as a briquette manufacturing facility in 2009. The plant ceased operations in 2011 and was later purchased by Southeast Georgia Biofuels for conversion to wood pellet production. The conversion was completed in 2012.
Following its purchase of the facility, Enova plans to install additional equipment to bring the plant closer to hitting its 150,000-ton-per-year capacity. Its current run rate is 75,000 to 100,000 tons per year.
The plant’s output is ENPlus certified. Pellets produced at the plant are currently marketed through Danish commodity brokerage firm Copenhagen Merchants out of the port of Brunswick. The arrangement will stay in place through the ownership transition.