Piney Creek Power Plant Being Offered for Sale before Going to Auction

Piney Creek Power Plant Being Offered for Sale before Going to Auction



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CLARION, Pa.,
Feb. 3, 2014 /PRNewswire/ — Piney Creek Power Plant in Clarion, PA is now being
offered for turnkey sale for a limited time only. Otherwise, the assets will be
sold through a live auction on Thursday, February 20.

 

(Photo:



http://photos.prnewswire.com/prnh/20140203/CG56892
)
 

 

Stuart B. Millner
& Associates (SBMA)—an asset management company—is conducting the liquidation
 of Piney Creek, a 32 MW (net) generating plant in Clarion, PA that shut down in
2013. SBMA will be considering offers for the entire facility—all of the assets
and the buildings—up until the day of the auction (February 20). Otherwise, SBMA
will host the auction live onsite in Clarion, PA and live online at Bidspotter,
starting at 10:00 a.m. (EST).

 

SBMA is currently
fulfilling requests for onsite visits. Those interested in visiting the facility
and/or inspecting the assets, should contact Bob Findeiss (bfindeiss@sbmac.com
or 636-390-3372). The plant is located at 428 Power Lane, Clarion, PA 16214.

 

The highlights of
the auction will include the following assets:

 

  • Tempella
    Power Faber circulating fluid bed boiler

  • 1991 Asea
    Brown Boveri turbine generator

  • 2009
    Pennsylvania crusher limestone system – Hammermill model FBR 484A

  • 1991
    Pennsylvania fuel/coal crusher – model FBR 549A

  • Holtec
    condenser

  • Yuba low
    pressure feedwater heaters

  • Siemens
    auxiliary transformer

  • Multimillion
    dollar inventory of spare parts and maintenance

 

For details and
product specifications, view the brochure (http://www.sbmac.com/auctions/Piney-Creek-Brochure.pdf
) for this event.

 

SBMA specializes
in the marketing, liquidation, and auctioneering of industrial and power plant
assets for a variety of clients across North America. The Piney Creek project is
being executed through SBMA’s Power Plant Decommissioning (PPD) program.

 

Contact: Bob
Findeiss, bfindeiss@sbmac.com,  636-390-3372


 

SOURCE  Stuart B. Millner
& Associates

Piney Creek Power Plant Being Offered for Sale before Going to Auction