CPP is located in Farmville, North Carolina
North Carolina enjoys the economic benefits of an extensive agricultural infrastructure. Indeed, six counties in eastern North Carolina produce 1/6th of the entire animal protein production of the United States. As a result, however, North Carolina also suffers from the waste that is the unavoidable byproduct of this impressive production. This waste, even when re-used as fertilizer, finds its way into waterways, rivers, and sounds, producing massive chemical overloads and posing numerous environmental and health hazards.
CPP is part of the solution to that problem.
Utilizing a variety of long-term revenue sources from utilities, industrial energy off-takers, and fertilizer suppliers, CPP processes 200 TPD of poultry litter into a high-quality fuel. Using a highly regulated gasification system and a robust emissions control protocol, this fuel is then transformed into approximately 165,000 MW/hours of electricity and steam energy per year for use by local industry. Project one, in Farmville, North Carolina, near the PRG headquarters, has been under construction throughout 2018 and is expected to go online in Q3-Q4 of 2019. All aspects of revenue and performance have been consolidated within long-term and bankable contracts - key to any waste-energy project.
For three years, CPP has served as PRG’s flagship project, and the successful ~$30M financing of this initial venture, the first of its kind, was critical to the growth of PRG into its current form.