Franklin County Biomass

New Markets Tax Credit Coalition

Carnesville,
GA
(2015)

Franklin County Biomass

Community, Energy, Manufacturing, Rural

An Alabama company built two wood biomass plants in Northeast Georgia.

Investment

NMTC Amount: $26,375,000
Total Project Cost: $192,756,423

IMPACT

62 FTE jobs

CDEs

CEI Capital Management, Evernorth Rural Ventures, The Valued Advisor Fund, USBCDE

Investor

US Bank

Project Description

An Alabama company built two wood biomass plants in Northeast Georgia. One of the new facilities is in Franklin County.

MAP

Address: 3645 Highway 198, Carnesville, GA 30521

Census Tract: 13119890200

Other Georgia Projects

Franklin County Biomass

Carnesville,
GA
(2015)

Community, Energy, Manufacturing, Rural

CDE(s): CEI Capital Management, Evernorth Rural Ventures, The Valued Advisor Fund, USBCDE

An Alabama company built two wood biomass plants in Northeast Georgia.

Augusta Hub for Community Innovation

Augusta,
GA
(2021)

Boys and Girls Clubs, Community, Daycare and Early Childhood, FQHCs, Incubator, Nonprofit Hub, Recreation

CDE(s): Carver State Bank, CRFUSA, Local Initiatives Support Corporation, Truist

The HUB for Community Innovation is an outreach center in Augusta’s Harrisburg community.

Prince Avanue Market

Athens,
GA
(2019)

Grocery and Fresh Food, Historic Rehabilitation, Mixed-use, Retail, Retail and Commercial

CDE(s): Enterprise Community Partners, Grow America

Prince Avenue Market is the new construction of a four-story, mixed-use building with 20,500 sq. ft. of retail and commercial space and 34 homes in Athens, Georgia.

Danimer Bioplastics

Bainbridge,
GA
(2013)

Business Development, Manufacturing, Plastics and Chemicals, Rural

CDE(s): CEI Capital Management

Danimer is an innovative manufacturer of sustainable, renewable plastic products, primarily for the consumer food packaging industry.