August 2016: Economic Snapshot

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ReEnergy chief warns biomass plant could close in 90 days

A load of wood chips is unloaded in 2012 at ReEnergy Lyonsdale’s cogeneration plant on Marmon Road in the town of Lyonsdale. Watertown Daily Times photo.

A load of wood chips is unloaded in 2012 at ReEnergy Lyonsdale’s cogeneration plant on Marmon Road in the town of Lyonsdale. Watertown Daily Times photo.

LYONS FALLS — Without a power purchase agreement, the ReEnergy Lyonsdale wood-chip-burning cogeneration plant could close in 60 to 90 days, according to company CEO Larry D. Richardson. [Read more…]