Peak Renewables announces Pulp Mill acquisition

In March, Peak Renewables Ltd. announced it has purchased the Chetwynd Pulp Mill, which has not operated since 2015. (Getty Images file photo by Taiyou Nomachi)

Peak Renewables announces Chetwynd Pulp Mill acquisition

Bob Brown/Glacier Media In March, Peak Renewables Ltd. announced they have acquired the Chetwynd Pulp Mill previously owned and operated by Paper Excellence. The Chetwynd Pulp Mill has not operated since 2015. Peak Renewables will remediate the mill site and repurpose the land and buildings to other industrial uses.

“We are extremely pleased to acquire the Chetwynd Pulp Mill site,” said Scott Bax, CEO of Peak Renewables.

“This is a large industrial site, with excellent services, located in a very strategic area. We believe there are multiple potential future uses for the site. We will pursue those opportunities in full partnership with local First Nations.”

“We welcome Peak Renewables and their plans to repurpose the site,” said Chief Justin Napoleon of Sealteau First Nations.

“We are working with Peak on the site clean up, and we very much look forward to helping Peak develop new opportunities for sustainable economic development at the site.”