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Pacolet Milliken expands its biomass platform with the acquisition of Georgia Renewable Power
GREENVILLE, SC – Pacolet Milliken, LLC (“Pacolet”), a sustainability-focused, family-owned investment firm, announced it has acquired 100% of Georgia Renewable Power (“GRP”), which owns two biomass power plants in northeast Georgia, one in Franklin County and one in Madison County (the “Plants”). This acquisition roughly triples the size of Pacolet’s biomass platform. Financing was provided by Manulife. The terms of the transaction were not disclosed. The Plants have 116 MW o
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1 day ago2 min read
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