Developer Moving Forward with $126 million 20 MW Waste Gasification Plant in Charlotte, NC

Date: January 8, 2011

Source: News Room

Charlotte, NC-based Forsite Development, Inc. is moving forward with plans to develop a $300 million "Renewable Energy Industrial Park," or "ReVenture Park" on a redeveloped 667-acre federal superfund site. A centerpiece of the project is a $126 million 20 megawatt waste gasification plant, scaled back from 50 megawatts that had been originally proposed, but still capable of processing an estimated 370,000 tons of regular municipal solid waste (MSW) per year. Forsite has selected Kansas-based ICM Inc., a builder of primarily ethanol gasifiers with a 15-year history in ethanol production, in part because its demonstration facility, in rural Harvey County, KS, has the ability to process at least a dozen different fuels, from corn stalks and wood chips to trash. Its straight forward design is another compelling factor. The facility employs a large, horizontal slow-moving auger to move fuel through its gasifier allowing for a more controlled process. An oxidizer and a wet electromagnetic precipitator capture pollutants and particulate matter.

In conjunction with the waste-to-energy plant is a planned $30 million recycling facility being developed in partnership with FCR Casella, a division of Casella Waste Systems (Rutland, VT), which already operates the nearby Mecklenburg County recycling center.

See also: "Company Wants to Build $300 Million Renewable Energy Park in Charlotte, NC," (www.wasteinfo.com/news/wbj20100720F.htm).

Behind the proposal is Charlotte-based Forsite Development, Inc. founded by Tom McKittrick in 2004. McKittrick is a veteran of Indianapolis based Lauth Property Group where In July of 2001, he moved to Charlotte to open Lauth's second regional office and manage all its southeast operations.

To learn more, visit: www.reventurepark.com.

Sign up to receive our free Weekly News Bulletin