Peregrine Energy Corp. (Peregrine Energy) is planning to develop a new woody biomass-fueled cogeneration plant at Sonoco’s Hartsville Manufacturing complex in South Carolina. Peregrine Energy will invest USD 135 million in the project. Peregrine Energy is planning to build and own a new 50MW capability facility that will be capable of generating enough electricity to power about 14,000 homes. The new biomass-fueled cogeneration facility will replace Sonoco’s present coal-fired boilers. Once the facility is operating, Peregrine Energy plans to sell the whole electrical output and all renewable energy certificates linked with the plant to Progress Energy Carolinas Inc., and low pressure steam from the plant to Sonoco for use in the manufacture of recycled paperboard and other converted products at its Hartsville complex. The proposed facility will sit on a 12- to 15-acre location within the Sonoco complex and will utilize emission control technologies that meet BACT (Best Achievable Control Technology) standards. It is expected that the application for the new facility’s air permit will be filed in May 2009. Upon issuance of the permit, major equipment, together with boiler, turbine generator, air pollution control components and fuel handling systems will be ordered. Construction activity is planned to start once the air permit is issued and it is anticipated that the facility will be commercially operational by the fall of 2012.