Raise closed, search for fresh raises on Seedstage

Wilseyville, CA

Funding acquisition of equity in a renewable biomass facility addressing wildfire risk and carbon emissions.

• Renewable focus: Project transforms forest biomass into carbon-negative electricity and biochar.
• Strategic partnerships: Aligns with Cal-Fire, US Forest Service, and Calaveras County Water District.
• Permitted and ready: Facility is fully permitted, shovel-ready, and has secured debt financing.
• Multiple revenue streams: Generates income from energy sales, biochar, and carbon credits.
• Community impact: Supports wildfire-prone regions with local job creation and energy resilience.

Blue Mountain Energy Investors is raising funds to acquire equity in Blue Mountain Electric Company, a renewable energy project based in Wilseyville, California. The initiative centers on a fully permitted, shovel-ready 3-megawatt biomass gasification facility developed by Phoenix Energy. This project aims to convert excess forest biomass into renewable electricity and biochar, delivering both environmental benefits and energy security to wildfire-prone communities. The facility is part of California’s broader effort to reduce wildfire risk and manage organic waste through sustainable forest management. It also aligns with federal and state support for clean energy infrastructure, with grant funding already secured and long-term electricity sales contracts in place.

The proceeds from this offering will help fulfill a reserve requirement associated with a USDA-guaranteed construction loan, enabling the project to move forward. Investors will gain exposure to revenue streams from electricity sales, biochar production, and the sale of carbon removal credits. This offering supports a business model that addresses several intersecting issues: wildfire prevention, organic waste management, high energy prices, and climate change mitigation. While Blue Mountain Energy Investors is not an operating company, it serves as a vehicle for public and institutional investors to participate in the clean energy transition through non-voting equity. The project also benefits from a circular economy partnership with the Calaveras County Water District, integrating wastewater reuse and environmental remediation into the facility’s operations.

Company Info

Blue Mountain Energy Investors enables public investment in a California biomass facility converting forest waste into carbon-negative energy and biochar.

Blue Mountain Energy Investors, Inc. (BMEI) is a California benefit corporation created to invest in Blue Mountain Electric Company (BMEC), a biomass gasification facility located in Wilseyville, California. The facility will convert forest waste into renewable electricity and biochar, a carbon-negative byproduct. BMEC aims to address wildfire risk, biomass oversupply, and energy insecurity in vulnerable communities. The 3-megawatt project, developed by Phoenix Energy, is fully permitted, shovel-ready, and supported by local stakeholders, including Cal-Fire, the US Forest Service, and Calaveras County. BMEI provides public investors access to this infrastructure project through non-voting common stock.

BMEC generates revenue from three main sources: long-term electricity sales under the BioMAT program, biochar sales, and the issuance of carbon removal credits. The project also benefits from investment tax credits, which can offset 40–50% of construction costs. Co-located with a local water district, BMEC forms part of a circular economy model, using recycled water and providing energy and biochar in return. The offering seeks to raise $4 million in equity to help meet reserve requirements for a USDA-guaranteed construction loan, enabling the buildout of this second Phoenix Energy forest biomass project in California.