Kimberly-Clark buys generating equipment at Everett, WA, mill for $26M from utility related to potential sale to Atlas [From the web]

EVERETT, WA , Oct. 31, 2011 (Local News) - Snohomish County's main electricity provider is due to receive money Monday from Kimberly-Clark as a result of the planned closure of the wood products plant, and there could be more.

Kimberly-Clark was scheduled Monday to wire the Snohomish County PUD $26.5 million as compensation for energy-generation equipment, which the utility installed at the plant in the 1990s and Kimberly-Clark will keep, PUD spokesman Neil Neroutsos said.

The PUD paid $115 million to install the equipment, which began operating in 1997, he said.

The Herald - Kimberly-Clark buys generating equipment from PUD for $26.5M

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