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Wood Pellet Manufacturing Facility in Texas for Auction

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Listing Information

Attachments

Wood Pellet Manufacturing Facility in Texas for Auction



Price: Not Specified

Other Item Info
Item #: txnbke_439950
Created: 12/20/2017
Category: Real Property > Commercial > Industrial Vacant Land/Building
Sale Date: Thu. Feb 1, 2018
Seller Info
John Dee Spicer
Trustee
Suite 570 900 Jackson St.
Dallas, TX 75202
(214) 573-7330
Bankruptcy Info
Case #: 4:16-bk-42250
Case Title: Go Green Partners, L.P.
Court: Texas Northern Bankruptcy Court
Chapter: 7
View Case Docket

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Real Estate Location

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417 E. Old Hwy 20
Paige, TX, 78659

Description

Auction Sale of Commercial property, a Wood pellet manufacturing facility (the “Plant”) of Go Green Partners, L.P., which is located on approximately 79 acres in Paige, Bastrop County, Texas (the “Plant Real Property”), include (among other things) the Plant which is an in place wood pellet mill, including the equipment, electronics, machinery, and buildings necessary to operate the Plant, and Plant Real Property upon with the Plant currently sits, and more particularly described from Page No. 15 to 19 on the attached PDF.


Additional Details

Two phase auction process: 

  • Phase 1 of the auction, Schneider will continue to market the Assets for bulk sale in five Bulk Lots as more fully described in Exhibit A on the attached PDF. The Bulk Auction will be conducted by written sealed bid submitted to Schneider on or before 12:00 noon on a date no later than January 30, 2018 with winning bids (if any) announced by 12:00 noon on date no later than February 1, 2018. 
  • Phase 2 of the Auction will be a live auction (“Live Auction”) for the Assets remaining after the Bulk Auction. The Live Auction shall occur on or before February 21, 2018 and shall take place at the Plant Real Property and online via live simulcast.
  • Bid Deposit: $250,000
  • Bid Increment: $10,000


Other Information

Terms and Conditions:

See Attached.


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