# 42 Railroad Ave LLC purchases Sherman Development power station

42 Railroad Ave LLC finalized the purchase of the 24 MW Sherman Development power station from Niagara Worldwide LLC. The company plans to rebuild the turbine, activate new transmission lines, and build a rotary kiln for activated carbon production.

- Type: Acquisition
- Announced: 2017-02-10
- Where: Stacyville, Maine, United States
- Jobs: 300
- Status: completed
- Capacity: 24 MW
- Products: electricity, activated carbon
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [42 Railroad Ave LLC](https://endata.com/companies/22127.md) (acquirer)
- [Niagara Worldwide LLC](https://endata.com/companies/22128.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/02/10/915998/0/en/42-Railroad-Ave-LLC-Purchases-Maine-s-Sherman-Development-Power-Plant.html), 2017-02-10: "Sherman Power Station was constructed to be the diamond jewel of the industry, with an automated feed system and other state-of-the-art technologies, which have been maintained very well by Wheelabrator and Boralex, and when the plant was shuttered a few years ago, it was shut down properly, with al"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.