MONTGOMERY – James Taylor, president of Taylor Recycling and Biomass has been seeking funding approvals to develop the first commercial bio-gas electric generating facility since 1989.
At one point he was hoping to receive federal loan guarantees to build the $168 million Montgomery facility. That never came to fruition so he set his sights on private financing, which he hopes to finally receive shortly.
Taylor’s bio-gasifier would convert municipal waste into gas to generate electricity.
“There is a significant cost savings for them, which will benefit the users and the taxpayers, so it is a good deal for all around,” Taylor said. “We are so excited to maybe be at the end again and come to fruition.”
Taylor has 20-year contract commitments from 13 municipalities and Stewart Airport to accept their municipal garbage for the process.
There has also been interest for his process by countries from the Caribbean to Eastern Europe and points in between.
