Rayonier Advanced Materials Joint Venture, Altamaha Green Energy, Receives Certified Purchase Power Agreement ToProduce And Sell Up To 70 MW Of Electricity To Georgia Power Company
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Rayonier Advanced Materials' joint venture, Altamaha Green Energy, has received a certified purchase power agreement to produce and sell up to 70 MW of electricity to Georgia Power Company.
September 23, 2024 | 1:00 pm
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Rayonier Advanced Materials' joint venture, Altamaha Green Energy, has secured a certified purchase power agreement to produce and sell up to 70 MW of electricity to Georgia Power Company, potentially boosting RYAM's revenue and market position in renewable energy.
The agreement allows RYAM's joint venture to produce and sell a significant amount of electricity, which could enhance RYAM's revenue streams and strengthen its position in the renewable energy sector. This development is likely to be viewed positively by investors.
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