CANADA (News release) -- Peak Renewables Ltd. has acquired the Chetwynd Pulp Mill previously owned and operated by Paper Excellence. The Chetwynd Pulp Mill has not operated since 2015. Peak Renewables will remediate the mill site and repurpose the land and buildings to other industrial uses.

"We are extremely pleased to acquire the Chetwynd Pulp Mill site," said Scott Bax, CEO of Peak Renewables. "This is a large industrial site, with excellent services, located in a very strategic area. We believe there are multiple potential future uses for the site. We will pursue those opportunities in full partnership with local First Nations."

Peak Renewables is a leading producer of innovative wood products including commercial wood pellets, OSB, lumber, and finger jointing.