New England Wood Pellet Sells Boiler Subsidiary
April 21, 2010
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New Hampshire & Massachusetts, United States [RenewableEnergyWorld.com] New England Wood Pellet LLC (NEWP) and The Sandri Companies have reached an agreement to form a strategic partnership between the two companies. As part of that partnership, Sandri will acquire NEWP's commercial pellet boiler business, Propell Energy. Propell was founded in 2008 to market commercial and industrial scale pellet boilers for heating schools, office buildings, apartment complexes and other large buildings. Propell also provides economical bulk pellet delivery to large commercial accounts. Sandri will fold Propell Energy into its emerging renewable energy division. Sandri’s renewable energy group will be led by Jake Goodyear, president of Propell Energy. To hear more about industrial pellet boilers, watch our interview with Propell Energy's Jake Goodyear below.
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