SEATTLE -- Areva, the international energy company based in France, and Charlotte, N.C., based Duke Energy have formed a joint venture to build a biomass energy plant at Shelton.
The joint venture called Adage plans to spend $250 million on the plant that would burn logging waste and generate enough electricity to power 40,000 homes.
The Seattle Daily Journal of Commerce reports Adage chose Shelton because of its proximity to logging operations.
Adage spokesman Jarret Adams said more than 400 jobs will be created when construction begins later this year. More than 100 workers will operate the facility when it opens in 2013.
Adage says it is planning to build other biomass plants in the Northwest.
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