January 19, 2012
Wheelabrator Technologies Inc. has acquired a waste-to-energy facility in Hudson Falls, N.Y., for $3.13 million.
The Hampton, N.H.-based subsidiary of Waste Management Inc., of Houston, bought the facility from the Warren/Washington Counties Industrial Development Agency (WWIDA) and has renamed the operation Wheelabrator Hudson Falls LLC.
Wheelabrator and WWIDA began a partnership with the facility in 2003. Since then Wheelabrator has made $12.8 million in capital improvements. The facility reached record highs of processing more than 172,000 tons of municipal solid waste and reaching boiler availability of 94 percent in 2009 and 2010, the company said in a news release. The plant produces an annual average of 84,800 megawatt hours of electricity to utility company Niagara Mohawk.
Wheelabrator also reached waste supply agreements with Warren and Washington counties and private commercial haulers.
“The upstate New York market area for Waste Management is looking forward to working closely with the Hudson Falls Wheelabrator facility to provide environmentally sound waste management solutions for all of our customers,” said Dave Balbierz, Waste Management area vice president.