GE), is seeking to build a biomass-to-electricity plant in Port Gibson, Mississippi. We have approval from the City of Port Gibson and Claiborne County Board of Supervisors to proceed. The Center also has an agreement with AREVA to serve as construction manager for the project.
Biomass projects are challenging and not necessarily the most attractive investments for investors. The Center, as a nonprofit organization, has more leverage to make such a business an ongoing operation. Even with a donation of $10 million to build the plant and $5 million to operate for five years, the economics of the project will be challenging. However, the job creation benefits, global climate change mitigation implications and the electricity delivery service are worth the risk of building this facility in this area.
If you can help, please feel free to contact us.