Arkansas Teacher Retirement System makes $26 million loan to construction of wood pellet mill by Highland LLC [From the web]

PINE BLUFF, AR, Sept. 13, 2017 (ArkansasOnline) -The Arkansas Teacher Retirement System will make a short-term loan of up to $26 million to Highland LLC, which operates a wood pellet manufacturing plant in the Pine Bluff industrial park near White Hall, the system's board of trustees has decided.

In July 2016, the system's trustees authorized an investment of up to $25 million for 31 percent equity ownership of Highland LLC, which operates the pellet plant that is still under construction. The plant has a 10-year agreement to supply the Drax Group with more than 600,000 tons of wood pellets a year, ...

Back To Top
Speak with a sales representative now Contact Sales