Phoenix Equipment, in conjunction with a dismantlement partner, acquired for resale a 4.25 MW cogeneration plant from Montclair State University that was being replaced by a larger unit. We sold the entire plant, including 4 MW Centaur 50 Solar gas turbine, HRSG, steam boiler, deaerator boiler feed water pumps, water filtration system, fire system, controls and all other components loaded to truck to one buyer for re-use at another location. The buyer acquired the plant and machinery for re-use in a new cogeneration plant at an ethanol plant. The new site is using the plant to generate 4.25 MW of electricty and 24,000 pounds per hour of 150 psi steam for their process.
Take-Aways
- The University was paid for an obsolete asset and avoided the liability of having to pay someone to remove the cogeneration plant - which was inside a building and locating in an area with very limited mobility. The University received a gutted, broom clean building, and today uses it for a student art gallery
- The buyer and ethanol plant obtained a good used cogeneration plant with all associated parts for a fraction of the cost of buying a new equipment.