Altamaha Green Energy Receives Certified Purchase Power Agreement
Rayonier Advanced Materials Inc. (RYAM)
Last rayonier advanced materials inc. earnings: 2/25 08:29 pm
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Source: Business Wire
JESUP, Ga.--(BUSINESS WIRE)--Altamaha Green Energy (AGE), a joint venture between Beasley Green Power, LLC and Rayonier Advanced Materials (RYAM), announced that the Georgia Public Service Commission has certified a Power Purchase Agreement for AGE to produce and sell up to 70 MW of electricity to Georgia Power Company for a 30-year period. This approval marks a significant milestone in AGE’s development of a renewable energy project aimed at producing sustainable electricity for the state of Georgia."Altamaha Green Energy was formed in response to Georgia Power's competitive and public bidding process for renewable energy solutions," said Darrell Beasley, Chairman of AGE. "Combining our extensive expertise in renewable forestry operations with RYAM’s world-class high-purity cellulose plant in Jesup, we are well-suited to contribute to Georgia's energy future."Though still in the development phase, the AGE project aims to utilize renewable forestry waste, such as bark, tree limbs
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News
- Rayonier Advanced Materials Inc. (NYSE: RYAM) had its price target raised by analysts at Royal Bank of Canada from $9.00 to $10.00. They now have an "outperform" rating on the stock.MarketBeat
- Rayonier Advanced Materials (NYSE:RYAM) shareholders have earned a 174% return over the last year [Yahoo! Finance]Yahoo! Finance
- RYAM Elects Eric M. Bowen to the Board of DirectorsBusiness Wire
- Rayonier Advanced Materials Announces Cellulose Specialties Price IncreaseBusiness Wire
- Rayonier Advanced Materials Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year [Yahoo! Finance]Yahoo! Finance
RYAM
Earnings
- 8/6/24 - Beat
RYAM
Sec Filings
- 9/11/24 - Form 3
- 9/11/24 - Form 4
- 9/9/24 - Form 8-K
- RYAM's page on the SEC website