Group16_RWE - RWE plans to export the produced wood pellets...

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Factiva http://global.factiva.com.lp.hscl.ufl.edu/hp/printsavews.aspx?ppsty. .. 1 of 1 2/20/10 8:02 PM RWE Invests EUR120M To Build World's Largest Wood Pellet Plant 157 words 20 January 2010 06:30 Dow Jones International News DJI English BERLIN (Dow Jones)--German utility RWE AG (RWE.XE) said Wednesday it will invest EUR120 million in the construction of a biomass plant in the U.S. The Georgia-based facility will be the world's largest wood pellet plant with an annual output of 750,000 tons, the company said on the sidelines of an energy conference in Berlin.
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Unformatted text preview: RWE plans to export the produced wood pellets to Europe to fire pure biomass power plants and as additional fuel for conventional coal-fired plants in the Netherlands, Germany, the U.K. and Italy. The biomass pellet plant in the U.S. is expected to be operational in June 2011 and will likely reach full capacity in June 2012. Company Web site: www.rwe.com [http://www.rwe.com]-By Jan Hromadko, Dow Jones Newswires; +49 69 29 725 503; [email protected] [ 20-01-10 1130GMT ] Document DJI0000020100120e61k000yz © 2010 Factiva, Inc. All rights reserved....
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This note was uploaded on 01/11/2012 for the course EIN 4354 taught by Professor Tufecki during the Fall '08 term at University of Florida.

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