Grenada, Mississippi
The Grenada, Mississippi BDO Zone for Woody Biomass is rated ‘A’.
Rating Issue Date: April 11, 2024.
'A' ratings denote high prospective viability of Feedstock Supply and Infrastructure and low expectations of default risk in the Zone. Capacity to support new biobased plant operations is considered strong.
Grenada, MS holds an investment-grade BDO Zone ‘A’ Rating for Forest residuals, Sawmill residuals, Pulpwood. Issued in Apr 2024, the rating certifies approximately 3,700,000 gt/yr of reliable, low-risk biomass feedstock available within a 75-mi driving distance from the center point (Duck Hill, MS).
A ‘A’ rating is an investment grade rating, signalling a reliable, low-risk feedstock supply. It signals to developers, lenders, and investors that Grenada, MS’s feedstock supply has undergone rigorous, standardized due diligence across 100+ risk indicators, the same framework applied to every BDO Zone across North America.
Every BDO Zone Rating assesses a region across three dimensions, mapped as expanding radii around a candidate site.
- Feedstock surplus: Data indicating at least 50,000 tonnes per year of excess feedstock available to support typical intake of new biofuels manufacturing plants.
- Supply chain strength: Evidence supporting long-term commitment to supply both quantity and quality by local farmers, forestry companies, food waste generators, haulers and municipalities.
- Sound infrastructure: Suitable transportation, logistic, operating and supporting infrastructure to meet the requirements for new facility operations.
Assets & liabilities
- 1.85 million bone dry tons (bdt) of woody biomass available in the BDO Zone at low risk, including 1.25 million bdt of pulpwood, 0.4 million bdt of sawmill residues, and 0.2 million bdt of forest residues.
- Legacy of private forest ownership and forest operations providing strong support for local bioeconomy developments.
- Excellent greenfield location for a new facility in an industrial park with all utilities, access to rail, road, and air transportation, and extensive land available for expansion and storage.
- Labor challenges that will require sustained training and retention efforts to scale up.
- Increasing transportation costs due to high truck insurance rates and truck driver shortages.
- Potential housing challenges for new project employees.
Infrastructure & sites
- 850 usable acres
- Adjacent to Interstate 55
- Entire eastern boundary is CN Railroad
- South boundary fronts on Riverdale Road
- North boundary fronts on MS Hwy 7
- Nearest port is located 70 miles West of site at Port of Rosedale, Rosedale, MS
Local grants & incentives
- Site Development Grant Program: Assists economic development organizations or local governments in Mississippi in developing more available green field sites for industrial development. Ready sites are eligible for grants of up to $50,000. Premier sites are eligible for grants of up to $250,000.
Contacts
