Logan County, Colorado
The Logan County, Colorado BDO Zone for Wheat Straw is rated ‘A’.
Rating Issue Date: July 10, 2023.
'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.
Logan County, CO holds an investment-grade BDO Zone ‘A’ Rating for Wheat straw. Issued in Jul 2023, the rating certifies approximately 200,000 gt/yr of reliable, low-risk biomass feedstock available within a The maximum transport distance from the plant of 80 miles is calculated assuming the maximum quantity in this BDO Zone Rating..
A ‘A’ rating is an investment grade rating, signalling a reliable, low-risk feedstock supply. It signals to developers, lenders, and investors that Logan County, CO’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
- There is a stable long-term outlook on wheat straw price and quantity, with strong inventory management practices in place.
- An ability to access larger supply basins exists by increasing participation rates through marginal increases in transport costs to support large scale biorefinery projects.
- Supply chain components and logistics equipment are expected to scale up to support a large scale biorefinery project.
- There is a positively rated infrastructure asset profile.
- Energy price volatility can significantly impact grower costs for inputs such as fuel, fertilizer, and equipment and on transportation costs to a biorefinery.
- The region lacks significant wheat straw collection and baling experience at scale to deal with supplier number and size.
- Dryland farmers may pass on straw market opportunities as the harvest represents a secondary transformation and valuable for soil health when left unharvested.
- Cattle feedlots in the BDO Zone can create temporary demand and affect feedstock prices for future biorefineries.
Infrastructure & sites
- 283 contiguous acres located on Sugar Mill Rd, Sterling, CO.
- The land is currently utilized for agricultural production but holds significant potential for development.
- Privately owned, Zoned Heavy Industrial.
- Access to natural gas, electrical, water, swear, drainage and stormwater management, and ICT services.
- Rail access – Mainline switch and spur served by Burlington Northern Santa Fe and Union Pacific Rail Roads.
- Direct access to US Highway 6 and within 1 mile to I-76 connection to I-80.
- Greenfield site located in a designated Opportunity Zone at 22777 US Hwy 6, Sterling.
- historically has only been used for livestock grazing.
- Has access to a 100-acre industrial park adjacent to the MSW landfill.
- Access to natural gas, electrical, water, sewer and fibre optic broadband.
- Existing crude oil storage and pipeline available for large-scale solar installation on-site.
- Rail services from two providers less than 1 mile from the site.
- Adjacent to US Highway 6 and 3 miles from I-76.
- 38-acre greenfield site located at 769 Hunt Way, Sterling.
- Privately owned agriculture/heavy industrial zoned site. located near a privately owned 80-acre parcel that is for sale.
- Electric and Natural gas are provided by Xcel Energy.
- Water and swear are available through the City of Sterling. The property also has a 1500 gallon/min Ag well on site.
- Fiber optic broadband available.
- Rail service provided by Union Pacific.
- Privately owned and priced at $7,500 per acre
- Located at 1399 Right-of-Way Road, Sterling.
- Zoning: usage to the north is agriculture; south is heavy industrial; Jurisdiction: Unincorporated Logan County, adjacent to City of Sterling city limits.
- Electric and Natural Gas are provided through Xcel Energy.
- Water and sewer are available from the City of Sterling. Infrastructure is adjacent to the property.
- Fiber optic broadband is available.
- Adjacent to the Union Pacific Railroad; accessible from state highway 138, within three miles of 4-lane divided Interstate 76, and one mile from 4-lane US highway 6.
- Less than 2 hours from Denver International Airport.
Contacts
