# OneFortyOne invests $30M in biomass power project at Jubilee Sawmill

OneFortyOne announced a $30 million investment in a renewable biomass power generation project at its Jubilee Sawmill in Mt Gambier, South Australia. The project includes a new boiler and steam turbine, producing 43,800 MWh of renewable electricity annually, expected to be completed by 2026.

- Type: Investment
- Announced: 2024-10-06
- Where: Mt Gambier, South Australia, Australia
- Value: $30.0M
- Starts operating: 2026
- Status: announced
- Capacity: 43,800 MWh per year
- Products: biomass electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [OneFortyOne](https://endata.com/companies/80256.md)

## Sources

- [aumanufacturing.com.au](https://www.aumanufacturing.com.au/mt-gambier-sawmill-goes-green-with-biomass-electricity), 2024-10-06: "This investment not only supports our decarbonisation goals but also positions us for future opportunities in renewable energy."

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