AUCTION ALERT: AUCTION CANCELLED

SOLD AS TURNKEY OPERATION 

Online Only Auction

72-Acre, State-of-the-Art Wood Pellet Manufacturing Plant Trae-Fuels, Ltd. 

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Auction Details

Type of Auction:

Online Only Auction

Auction Date and Time:

Open Now for Bidding

Bids Start Closing: Tuesday, October 27th, 2020 at 10AM (EDT)

 

Inspection Date and Time:

Monday, October 26 by appointment only

Call Dave to schedule 804-241-7526

Location of Assets and Auction:

1376 Fredericks Hall Road ​

Bumpass, Virginia 23024

Auction Contact:

For questions regarding assets or auction registration, please contact Director of Auction Services
Burdette Wilber at  (847) 499-7029 or bwilber@hyperams.com.

Type of Assets/Lots:

Well-positioned renewable energy producer in the rapidly growing wood pellet energy market.  State-of-the-art facility and equipment with 130,000-ton annual capacity​.
 

Payment Information:

Payment is due by date noted on invoice. Payment methods accepted include cash, cashier's check, company check, or wire transfer. NO CREDIT CARDS ACCEPTED.

Buyers Premium: 

An industry-standard 18% (online) BP will apply to your purchase (Example: a $100 purchase will total $118 with the BP)

Lot Book and Webcast Auction Platform:

Lot Book and simulcast online auction provided by Bidspotter. 

Highlights:

  • The Trae-Fuels production facility is configured to produce wood pellets used for home heating and as an alternative in power generation. Just 40 miles from Fredericksburg, Virginia, the facility is strategically located near the ports of Richmond, Norfolk, and Portsmouth. In addition, its situation on the East coast provides plentiful, sustainable, and cost-effective feedstock.

  • Trae-Fuels consists of a full-scale chipping operation with rail loadouts and 700 feet of chip conveyance. The main pelleting plant has two chip dryers, a 600-ton main hammermill, four 500 horsepower Bliss pelleting mills, and a fully automated Hamer bagging operation. It also features three-car rail siding and outdoor storage for up to 20,0000 tons of product (bagged on pallets) with a placard capacity of 130,000 tons annually. 

  • 72-acre commercial property close to major shipping ports.

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Bidder Information