New agreement sets anchor tenant at the Sustainable Business Park located in Kent and Allegan Counties.
The Kent County Board of Public Works has approved a Project Development Agreement for an anchor tenant at the Sustainable Business Park located in Kent and Allegan Counties.
A joint venture involving Anaergia and Continuus Materials will establish an anchor tenant at the Sustainable Business Park.
Anaergia and Continuus Materials will bring online the Kent County Bioenergy Facility. The Kent County Board of Public Works says it will have the ability to process a mix of waste products “capable of handling 430,000 tons of municipal solid waste and recyclables each year to produce renewable natural gas, fertilizer, and recyclable commodities.”
The companies are making a $280 million investment in the bioenergy facility. Kent County would finance a $70 million bond repaid with tipping fees and revenues from produced materials. The goal is to have it operational in three years.
The Kent County Department of Public Works envisions diverting 90-percent of waste at the 250-acre South Kent Landfill in Byron Center by the year 2030. The plan calls for incorporating private businesses recycling items onsite for new products and fuels supporting a “circular economy”.