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

News provided by

Stuart B. Millner & Associates

Feb 03, 2014, 10:18 ET

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)  

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Aerial shot of Piney Creek Power Plant in Clarion, PA offered for immediate turnkey sale for limited time. State of the art 32 MW (net) generating plant that closed in 2013. Otherwise, will go to auction February 20. (PRNewsFoto/Stuart B. Millner & Associates) (PRNewsFoto/STUART B. MILLNER & ASSOCIATES)
Aerial shot of Piney Creek Power Plant in Clarion, PA offered for immediate turnkey sale for limited time. State of the art 32 MW (net) generating plant that closed in 2013. Otherwise, will go to auction February 20. (PRNewsFoto/Stuart B. Millner & Associates) (PRNewsFoto/STUART B. MILLNER & ASSOCIATES)

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 ([email protected] 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 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, [email protected],  636-390-3372

SOURCE Stuart B. Millner & Associates

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