{"id":553395,"date":"2016-11-02T10:48:29","date_gmt":"2016-11-02T15:48:29","guid":{"rendered":"http:\/\/www.ktbb.com\/post\/?p=553395"},"modified":"2016-11-03T11:15:58","modified_gmt":"2016-11-03T16:15:58","slug":"aspen-power-biomass-plant-sold-for-nearly-5m","status":"publish","type":"post","link":"https:\/\/ktbb.com\/post\/?p=553395","title":{"rendered":"Aspen Power Biomass Plant Sold for Nearly $5M"},"content":{"rendered":"<p><a href=\"http:\/\/www.ktbb.com\/post\/wp-content\/media\/2016\/11\/th-2.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ktbb.com\/post\/wp-content\/media\/2016\/11\/th-2-150x150.jpg\" alt=\"th\" width=\"150\" height=\"150\" class=\"alignleft size-thumbnail wp-image-553396\" \/><\/a>LUFKIN (AP) &#8211; A foreclosed East Texas power plant has been sold for nearly $5 million.  The Lufkin News reports the Aspen Power biomass plant in Lufkin was sold Tuesday to the lone bidder in an Angelina County court-ordered auction. An attorney represented the buyer, whose name wasn&#8217;t immediately disclosed.   The Aspen Power plant was marketed as the first wood-waste biomass electric generation facility in Texas. The 57-megawatt plant opened in 2011 but was idle in 2012 amid challenging market conditions.  Investors took over in 2013 and for a time restarted the plant to try to sell the unit, which closed earlier this year. A judge in September approved foreclosure.   The newspaper reports creditors, lien holders and U.S. Bank, the trustee for $53 million in bonds owed, will share the purchase proceeds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LUFKIN (AP) &#8211; A foreclosed East Texas power plant has been sold for nearly $5 million. The Lufkin News reports the Aspen Power biomass plant in Lufkin was sold Tuesday to the lone bidder in an Angelina County court-ordered auction. An attorney represented the buyer, whose name wasn&#8217;t immediately disclosed. The Aspen Power plant was &hellip; <a href=\"https:\/\/ktbb.com\/post\/?p=553395\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Aspen Power Biomass Plant Sold for Nearly $5M<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":553396,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[177],"tags":[],"class_list":["post-553395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-news-archive-archives"],"publishpress_future_action":{"enabled":false,"date":"2026-07-17 10:26:32","action":"change-status","newStatus":"trash","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/553395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=553395"}],"version-history":[{"count":1,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/553395\/revisions"}],"predecessor-version":[{"id":553397,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/553395\/revisions\/553397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/media\/553396"}],"wp:attachment":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=553395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=553395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=553395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}