Baker Tilly Capital Arranges Financing on $28.5 Million Anaerobic Digester for GreenWhey Energy

Baker Tilly Capital recently served as a consultant to GreenWhey Energy in the recent closing of $28.5 million in construction and long term financing for an anaerobic digester facility in Turtle Lake, Wisc.

According to Tom Ludy, GreenWhey Energy president, 500,000 gallons per day of waste water from several local food processors that is currently being disposed mostly through land spreading, will now be converted into 3.2 megawatts of renewable energy, process heat, and fertilizer.

The project is believed to be the first privately owned waste water treatment facility in Wisconsin that brings together the organic waste from multiple food producers – mostly cheese and dairy - into a central facility to treat that waste and generate electricity.

The electricity produced by the project will be sold to Xcel Energy and will be enough to power 3,000 average Wisconsin households.