Chippewa County, Wisconsin Issued BDO Zone 'A' Rating for Corn Stover
Chippewa County, Wisconsin Issued BDO Zone 'A' Rating for Corn Stover
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July 23rd, 2024 – The Chippewa Economic Development Corporation (CEDC) and Ecostrat are pleased to announce the issue of an investment grade BDO Zone ‘A’ Rating for 380,000 bone dry tons per year of Corn Stover for the Chippewa County BDO Zone.
The BDO Zone Initiative certifies regional readiness for bio-based manufacturing, creates global connections with project developers, and ignites an influx of clean energy opportunities. The Chippewa County BDO Zone is the first ‘A’ rating in the State of Wisconsin and extends a 75-mile drive distance from Chippewa Falls, WI. The BDO Zone ‘A’ rating denotes high prospective viability of feedstock supply chain and infrastructure, and low expectations of default risk in the Zone.
“The ‘A’ rating for Chippewa County highlights our community’s exceptional potential to lead globally in the bioeconomy,” stated Charlie Walker, President/CEO of CEDC.
The Chippewa region features a steady increase in grain crops, indicating a positive outlook for corn stover availability and lacks established competition for corn stover within a 150-mile radius of Chippewa Falls, WI. The Chippewa County BDO Zone has trucking access to North America’s largest inland freshwater port, a rail line adjacent to several industrial sites, easy connections to Interstate 94, and a well-maintained local road network that provides affordable global market connections.
“As Wisconsin’s first ‘A’ rating, Chippewa County is ideally positioned to support biobased companies seeking prime locations for biomass projects,” stated Jordan Solomon, Chairman of the BDO Zone Initiative.
Ecostrat is the North American leader in biomass due diligence for biofuels, renewable chemicals, biogas, and bio-product project development and finance.
About Chippewa Economic Development Corporation (CEDC)
Chippewa Economic Development Corporation (CEDC) is the pioneering business services consultant in Chippewa County, Wisconsin. CEDC offers a helping hand to hundreds of budding regional entrepreneurs and businesses to reach their fullest potential after successfully evolving from their startup stage. The tremendous effort exercised by the organization to attract, retain, and expand local businesses has created a vibrant and thriving startup ecosystem in the locality. CEDC also provides undivided guidance and empowerment to entrepreneurs throughout the Chippewa Valley.
About The BDO Zone Initiative
The BDO Zone Initiative certifies regional readiness for bio-based manufacturing, creates global connections with project developers, and ignites an influx of clean energy opportunities.
A BDO Zone rating is an internationally recognized standards-based technical risk assessment of biomass feedstock, supply chain, and infrastructure risk with respect to the development potential of new biofuel, renewable chemical, biogas, and bioproduct plants. Investment grade ratings attract new bio-based manufacturing plants to the areas where they are most likely to succeed, and create jobs.
Originally published at bdozone.org.