Maryland cogeneration power plant to sell off assets

Asset management company Stuart B. Millner & Associates (SBMA) signed a contract with Owings Mills Equipment Leasing to liquidate assets from a cogeneration plant located in Owings Mills, Maryland.

The cogeneration facility went into service in 2002. The power plant provided steam and electricity to a Solo Cup manufacturing facility and sold electric energy to the market. The plant ceased operations in March 2012.

According to SBMA officials, the most valuable assets being sold include the following:

Two Wartsila 18V34SG Generating Sets — Combined electrical output of 11mw or 5.7 individually. These units are a 4 stroke, spark ignited gas engines working on the lean burn principle. These engines can be used at both 50 or 60 Hz. These Wartsila 18V34SG’s are reliable, highly efficient and low pollution power sources.

Transformer — Transformer, main GSU, oil filled, 34kV/13.8kV, Cogen Rooftop – Niagara 12000/ 15000 kva step-up transformer, 2001 vintage.

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