Colmac Clarion, an investment holding company that owns Piney Creek Limited Partnership, has placed its 33-MW waste fuel power plant in Clarion County, Pa., up for sale.
The company website invites inquiries from parties interested in acquiring the circulating fluidized bed (CFB) boiler plant that began commercial operation in late 1992.
All power produced is sold and transmitted via the FirstEnergy (NYSE:FE) Penelec substation at Piney Creek Dam, according to the Colmac Clarion website.
Colmac Clarion is affiliated with American Consumer Industries, an independent power producer, as well as ACI Energy. Chris Thompson is listed as Senior Vice President of ACI Energy.
The companies have evidently retained Stuart B. Millner & Associates (SBMAC), an industrial and power plant asset management firm, to coordinate the auction of the Piney Creek plant.
The Stuart B. Millner website says that Piney Creek is “offered as bulk for limited time” and otherwise the plant will be sold at auction. A Millner official identified Jesse Lange (jlange@sbmac.com) as the marketing contact for the project.
Daily fuel for the power plant consists of approximately 625 tons of waste product from the surrounding bituminous coal producers, and approximately 150 tons of limestone from local quarries, which is used to control sulfur emissions. Additionally, the plant consumes about 500,000 gallons of water per day for the cooling tower and other services.
The power plant had a capacity factor of more than 85% in 2012, according to GenerationHub records. Piney Creek ceased operation in 2013, according to a Jan. 14 article in the Pittsburgh Business Times.
