About Powerwood Canada Corporation

David Peters' extensive forestry and timber rights in Alberta and British Columbia (Canada). These were transferred to PWC in 2023.

Is building a "Black Pellets" plant in Mackenzie County (Alberta), which will be operational by the third quarter of 2025 and will produce 200t tonnes of PWC Green Energy pellets per year. The entire production is sold to Idemitsu. This amount is enough to supply 750,000 homes with clean energy.

PWC intends to replace coal at the Belledune power plant in New Brunswick, Canada.

The CO2 savings are 700,000 tons.

PWC has made an offer to the state-owned company NB Power, which owns the power plant, to supply an initial amount of up to 200t tonnes of black pellets per year as biofuel to replace coal and maintain the power plant.

An identical plant in a logistically perfect location (Nova Scotia) is under project development. The existing white pellet plant currently produces 100t tonnes per year. PWC will expand the plant and produce 225t tonnes of white pellets and 200t tonnes of black pellets per year. The entire production has been sold to Total Energy, which will produce green energy pellets as a replacement for coal in 2026. The remains of the devastating forest fires will be used as raw material.