Appraisal Economics Inc. has completed a valuation of a biomass facility in the United States. The process steam and process water generated by the plant are sold to two adjacent chemical producers under energy supply agreements. The plant’s assets include one biomass-fired industrial boiler that acts as the primary source of steam, and two natural gas-fired package boilers that are used during periods of higher demand. Appraisal Economics was engaged to estimate the fair market value of the plant for bank financing purposes.
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