In the United States (US), Altamaha Green Energy (AGE), a joint venture between Beasley Green Power, LLC, an affiliate of the Beasley Group, and Rayonier Advanced Materials Inc., (RYAM), has announced that the Georgia Public Service Commission (GPSC) has certified a Power Purchase Agreement (PPA) for AGE to produce and sell up to 70 MW of electricity to Georgia Power Company for a 30-year period.
This approval marks a significant milestone in AGE’s development of a renewable energy project aimed at producing sustainable electricity for the state of Georgia.
Altamaha Green Energy was formed in response to Georgia Power’s competitive and public bidding process for renewable energy solutions. Combining our extensive expertise in renewable forestry operations with RYAM’s world-class high-purity cellulose plant in Jesup, we are well-suited to contribute to Georgia’s energy future, said Darrell Beasley, Chairman of AGE.
Though still in the development phase, the AGE project aims to utilize renewable forestry waste, such as bark, tree limbs and other biomass generally discarded as waste, to generate sustainable electricity for Georgia residents.
The AGE project is poised to meaningfully impact the growing demand for renewable energy while strengthening Georgia’s forestry economy and boosting associated jobs.