Pacolet Milliken Acquires Georgia Renewable Power Biomass Plants

Pacolet Milliken, LLC, a family-owned investment firm focused on sustainability, announced on October 7, 2026, that it has acquired 100% of Georgia Renewable Power (GRP). GRP owns and operates two biomass power plants located in northeast Georgia.

The acquisition signifies an expansion of Pacolet Milliken's investment in the biomass energy sector. The company aims to grow its portfolio of renewable energy assets through strategic acquisitions and development.

With the addition of GRP's facilities, Pacolet Milliken increases its capacity for generating electricity from renewable sources. The firm has stated its commitment to supporting the transition to cleaner energy.

Financial terms of the transaction were not disclosed. Pacolet Milliken is an investment company that concentrates on sustainable ventures.