Albioma has acquired the La Granaudière wood pellet production plant located in the Canadian province of Quebec. This transaction will diversify the Group's sources of sustainable biomass supplies, supplementing the existing portfolio of contracts with top-tier international suppliers.
Acquisition of Biomasse du Lac Taureau
Ideally positioned to supply the Group’s Caribbean power plants, this facility produces SBPcertified pellets from wood waste or low-grade wood from certified sustainably managed forests.
The plant is due to be recommissioned in second semester of 2022, with its nominal annual production capacity of 200,000 tonnes being achieved following some additional investments.
Through this transaction, which will enable us to produce pellets to very strict sustainability requirements, Albioma is renewing and stepping up its commitment to the energy transition in Overseas France. Supplementing locally-sourced biomass, to which priority will naturally be given in order to stimulate the circular economy, this diversified supply is essential, ensuring that we are able to continuously generate renewable energy in noninterconnected areas.