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2019 Annual Report

Pinnacle Renewable Energy Inc.

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  • Pinnacle Renewable Energy Inc.
  • Pinnacle Renewable Energy Inc.

About Pinnacle Renewable Energy Inc.

201-500 Employees
Based in Richmond, British Columbia

Pinnacle is a growing industrial wood pellet manufacturer and distributor and the third largest producer in the world. The Company produces sustainable fuel for renewable electricity generation in the form of industrial wood pellets. This fuel is used by large-scale thermal power generators as a greener alternative to produce reliable baseload renewable power. Pinnacle is a trusted supplier to its customers, who require reliable, high-quality fuel supply to maximize utilization of their facilities. Pinnacle takes pride in its industry leading safety practices. The Company operates eight industrial wood pellet production facilities in western Canada and one in Alabama, with two additional facilities under construction in Alberta and Alabama. The Company also owns a port terminal in Prince Rupert, B.C. Pinnacle has entered into long-term take-or-pay contracts with utilities in the U.K., Europe and Asia that represent an average of 99% of its production capacity through 2026.

Ticker:
PL
Exchange:
TSX (See More TSX Companies)
Industry:
Lumber, Wood Production (See More Lumber, Wood Production Companies)
Sector:
Basic Materials (See More Basic Materials Companies)

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