Grant & Loan Awards: Ware County


Ware County

EDGE Fund: $342,743

Awarded: 08/03/2010

Applicant: OADA-Georgia Biomass, LLC

EDGE grant funds of $342,743 will be used to assist with rail improvements to support the location of Georgia Biomass, LLC (GBL), a new fuel pellet manufacturing facility. The Company will construct the new plant on a 315-acre site in the Waycross-Ware County Industrial Park where it will produce 750,000 tons of fuel pellets annually. The pellets will be shipped by rail from the Waycross facility to the Savannah port and then on to Europe for use by RWE AG, its German parent company. RWE AG is the leading power producer in Germany as well as several other markets in Europe and growing in others. Indirect economic impact includes procurement contracts with growers of southern pine across a 25-county area region of South Georgia, and continued job growth for both logging and trucking businesses. This project appears to be an opportunity to capitalize on two of Georgia’s major assets: biomass availability and the Savannah port. This is also an opportunity for Georgia to take a leading position in the growing renewable energy market that is set to take a major presence in the world economy.

Total Budgeted Project Cost: $152,236,000

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