Hilco Industrial to Sell Power Generation & Support Equipment from Pulverized Coal Power Plant

NORTHBROOK, Ill., Dec. 12, 2017 /PRNewswire/ -- Hilco Industrial, in a joint venture with Miedema Auctioneering, announced today that it will manage the sale of power generation and support equipment formerly belonging to Roanoke Valley Power Facility (ROVA) in Weldon, NC.

The closure of this facility is an opportunity to purchase a wide variety of equipment including: power generation & distribution; pulverizers; CAT D7R crawler tractor; an EMD SW-10 locomotive; maintenance shop machinery & equipment; bridge cranes to 75-ton; and other support equipment.

This sale will be a timed, online auction beginning on January 10^th. The first lot will close at 10 AM ET on January 17^th. Assets can be inspected on January 16^th from 8 AM - 4 PM ET at 290 Power Place, Weldon, NC, 27890.

To access more detailed information and photos of the assets or to learn more about the timed, online bidding process, visit https://www.hilcoind.com/sale/ROVAor contact:

Tim Pfister  tpfister@hilcoind.com  +1 847.313.4747

About Hilco Industrial
Hilco Industrial (www.hilcoind.com) provides industrial asset acquisition and disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies. Hilco Industrial buys and sells assets through on-site, online and combination webcast auction sale events as well as negotiated (private treaty) sales.  In addition to providing services on a fee or commission basis, Hilco Industrial puts capital at risk and often acquires assets or provides guarantees. Hilco Industrial is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace.

Timothy Pfister Auctioneer License #NCAL-9334 / Hilco Industrial, LLC Firm License #7506

About ROVA Power
The ROVA plant is a 230-megawatt, coal-fired two-unit power plant built as a Public Utility Regulatory Policies Act co-generation facility to supply Dominion North Carolina Power in the mid-1990's. As of March 1, 2017 the facility was taken offline and has been idle since.

SOURCE Hilco Industrial