Location: Lufkin, Texas
Investment Structure: $14.1 MM Junior Loan
Initial Investment: September 2009
Realized: November 2011
The Aspen Power plant, a 57MW waste-wood biomass facility, is the first plant of its kind in Texas. The Aspen Power facility will burn wood leftover from harvesting, sawmill and local municipal cleanup activities and interconnect to the Electric Reliability Council of Texas (ERCOT) grid.