Appraisal Economics Inc. has completed a valuation of a 7.5 megawatt wood-burning biomass cogeneration facility that is part of a vertically integrated timber operation located in South America. This facility is a hybrid design that utilizes traditional combustion methods with ground breaking gasification technology. Energy generated is sold to the Uruguayan power grid via a long term power purchase agreement. Appraisal Economics was engaged to estimate the fair market value of the facility for financial reporting.
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