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Renewable Energy Plant Goes to Auction

LOS ANGELES-Tiger Group is liquidating the former EnerTech Environmental renewable energy plant in an auction that ends September 26.

By Kelsi Maree Borland | Updated on September 17, 2013

LOS ANGELES-The remarketing division of Tiger Group is liquidating a renewable energy plant formerly owned by EnerTech Environmental in an asset auction that will accept bids through September 26. The unique plant is valued at $100 million and features a wastewater treatment facility, a sewage sludge drying line and advanced technology that does not compare to any other renewable energy facility in the nation.  

“Companies involved in wastewater treatment and waste-to-energy projects will be interested in this dual purpose facility, which is being offered as a turnkey operation,” says Jeff Tanenbaum, president of Tiger’s Remarketing Services Division. “The Rialto facility was built to provide a long-term recycling plan for five municipalities in the Los Angeles region by converting their wastewater sludge into a renewable solid fuel called eFuel.”

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