SEALED BID EQUIPMENT AUCTION: 8 MW Cogen Turbine Power Plant Equipment Package Mason City, IA
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1822 43rd Street SW
Mason City, IA 50401
Inspections
BY APPOINTMENT ONLY:
Wednesday, February 12: 10 am to 2 pm
Wednesday, February 26: 10 am to 2 pm
Bid Deadline
Thursday, February 27 Sealed Bid Deadline: 4:00 pm
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COMBINED HEAT AND POWER (CHP) EQUIPMENT PACKAGE
A Renewable Energy Company Co-Located the $3.2 Million Dollar Heat and Power Generation Plant at Golden Grain Energy in Mason City, Iowa. Construction of the facility began in 2016 and was completed in 2018. The Independent Combined Heat and Power Facility Used Natural Gas to Produce Electricity Via a 4.25MW Remanufactured Solar/CAT Turbine and 24,000 PPH of 150 PSI Process Steam Via a Heat Recovery Steam Generator (HRSG) and Rebuilt 800HP Boiler. Surplus Steam was to be Sold/Utilized by the Ethanol Plant. Surplus Power was to be Sold Back to the Grid via an Interconnect with the Local Utility Company.
REASON FOR SALE: Due to Termination of a Lease and Subsequent Property Abandonment, GGE now has Ownership of the Equipment Co-Located at the Ethanol Plant Site in Mason City.
To view other documents that may aid in your due diligence, please complete and return this
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PROJECT OVERVIEW:
8 MW COGENERATION PLANT
Natural Gas Fueled Generator
Continuous Duty Operation
Exhaust Heat Captured at HRSG
Engine Jacket Heat Also Captured
EQUIPMENT HIGHLIGHTS INCLUDE:
ARIEL 2-Stage Natural Gas Skid Mounted Compressor
SOLAR TURBINES/ CATERPILLAR Centaur 50 Type H Gas Turbine Generator
WELDRITE MFG/ DET TRONICS ALLEN BRADLEY Fire Detection System Controller CO2 Fire Suppression System
KATO ENGINEERING Brushless Synchronous AC 4.25MW Generator Unit
3- HAYDEN INDUSTRIAL PRODUCTS- Model TT3-18 Lube Oil Coolers
DONALDSON Gas Turbine Air Inlet Self-Cleaning Pulse Filtration System
EFFOX-FLEXTOR Heat Recovery Steam Generator HRSG
NATIONAL DYNAMICS CORP. Watertube Waste Heat Boiler
INDUSTRIAL STEAM / WILSON ENGINEERING Deaerator/HPR/CBHR/Tanks
AMERICAN BATTERY CHARGING Float Charger and 120 INTERTEK Batteries
DELL / EATON Computer Control System
KAESER AS25 Screw Compressor with GDI Inc. Dryer & Air Receiver Tank
Misc. Electrical Parts, Wire, Spare Motors, Pumps, Support Equipment and Office Furniture and Equipment
EVERYTHING SELLS AS A PACKAGE!!
Switch Gear and MCC not Included in the Auction; they will be Available at a Later Date.
The Cogen Plant is Currently Not in Operation and the Building is Being Repurposed. All Equipment is Declared Surplus and Must Be Sold!!
BUY IT ALL PRIOR TO AUCTION!!
Call For Details!!
10% Buyer Premium. Sales tax may apply.
Sealed bids will be accepted by Maas Companies until Thursday, February 27 at 4 PM. Sealed Bid Offers must be received by the deadline and be accompanied by a $20,000 earnest money deposit (check or wire) along with a fully completed Sealed Bid Form. Bids must be delivered by traceable courier to Maas Companies Inc at 6923 10th Ave S.W. Rochester, MN 55902. Deposit Monies are payable to Golden Grain Energy and will be held pending acceptance.
All bids are subject to Sellers acceptance on or before Friday, February 28 at 4 PM CDT. Bidders will be notified of the Seller's decision in writing via email and/or phone. At this time, the Seller, in its sole discretion, may either declare the high bidder the winner or in the event of a tie, the seller may invite the tie bidders to participate in a limited live auction. Should the auction proceed to a live limited auction, the event will be held Monday, March 2nd. Buyers will be able to participate via phone. Buyers are strongly encouraged to submit their highest and best bids by February 27. The Sealed Bid Auction process is binding and offers are non-revocable; buyers should request and thoroughly review all documents prior to submitting a sealed bid offer. Deposits of non-winning bidders will be returned immediately following the auction. To obtain a Sealed Bid Form, please contact the Auction Company.
Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE-IS WITH NO WARRANTIES, GUARANTEES, EXPRESS OR IMPLIED.
EQUIPMENT REMOVAL: The equipment must be removed from the site within 90 days of the auction. Buyers are allowed to use the rigging company of their choosing provided the vendor can supply adequate liability and insurance documentation. Removal, packaging and transportation costs are the responsibility of buyer. All sales are final.
In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company or Seller. Any announcement made during the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision.
Re: SEALED BID EQUIPMENT AUCTION: 8 MW Cogen Turbine Power Plant Equipment Package Mason City, IA
1822 43rd Street SW
Mason City, IA 50401
To Whom It May Concern: Pursuant to your request, please sign and date this release to receive documents relating to the above noted property. The Seller did not prepare these documents and has no knowledge of their accuracy or completeness. None of the documents shall constitute a representation or warranty of any kind by Seller as to the accuracy or completeness of any information delivered. Accordingly, Seller expressly disclaims any responsibility therefor, including any consequences of any reliance by anyone on them. Please note that the documents and the information contained therein are confidential, and by acknowledging receipt, you agree to keep such information confidential and that you shall not, without the prior written consent of Seller, share any of the documents with anyone other than Potential Buyer and representatives of Potential Buyer who need such information for the purpose of evaluating the premises and who are informed of the confidential nature of the information and also agree to be bound by the terms of this confidentiality provision. By this acknowledgement, you further agree that you will return to me the originals and any copies of the materials forthwith upon demand if the contemplated transaction is not consummated. Please do not hesitate to contact our office with any questions you may have.