Sealed Bid Deadline: 4:00 pm
1822 43rd Street SW
Mason City, IA 50401

Inspections

BY APPOINTMENT ONLY:


Catalog


Description

COMBINED HEAT AND POWER (CHP) EQUIPMENT PACKAGE

Golden Renewable Energy LLC, Co-Located the $3.2 Million Dollar Heat and Power Generation Plant at Golden Grain Energy in Mason City, Iowa. Construction of the GRE facility began in 2016 and was completed in 2018. The Independent Combined Heat and Power Facility Used Natural Gas to Produce Electricity Via a 4.25 MW 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 Alliant Energy.

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

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

Switch Gear and MCC not Included in Auction: will be Available at a Later Date.

The Power Plant is Currently Not in Operation and the Building is Being Repurposed. All Equipment is Declared Surplus and Must Be Sold!!

[Auction and Inspection Dates too be announced shortly.]

BUY IT ALL PRIOR TO AUCTION!!
Call For Details!!

Map


Payment Information

10% Buyer Premium. Sales tax may apply.
Sealed bids will be accepted by Maas Companies until ##### 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.

Full Terms

All bids are subject to Seller’s acceptance on or before ##### at 4 PM CDT. Bidders will be notified of the sellers 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 #####. Buyers will be able to participate via phone. Buyers are strongly encouraged to submit their highest and best bids by #####. 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 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. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision.

US Bankruptcy Court, Northern District of Iowa, Chap 11 Bankruptcy No. 4:19-bk-00425; Charles L. Smith Trustee.