Emera purchases Brooklyn Energy biomass facility for $25m

Canadian energy and services firm Emera has acquired Brooklyn Energy biomass facility at an estimated cost of $25m from the Government of Nova Scotia.

The 30MW biomass electrical co-generation facility is located in the Nova Scotia province of Canada and produces 173,000MWh of electricity a year.

Nova Scotia Power has a long-term power purchase agreement for the electricity generated at the plant.

As part of the deal, existing employees at the facility will continue to operate the plant, while Emera will supply the necessary fuel that has been sourced from local suppliers.

The Province of Nova Scotia has agreed to partner with Crown Forest licensees for the supply of fiber for the plant to ensure availability of wood waste residue, and also provide wood fiber if required.

Emera president and CEO Chris Huskilson commented that Brooklyn Energy is an important addition to the company’s energy generation portfolio as it complements Emera’s strategy to produce clean and renewable energy.

"The plant will continue to generate clean energy for Nova Scotians and provide a long-term market for local biomass suppliers.

"Emera is pleased to continue investing in Queens County and surrounding areas through our investment in Brooklyn Energy.

"It is an important asset that will contribute to bringing economic stability to surrounding communities and provide clean, renewable energy for Nova Scotians," Huskilson said.