The Lake Utopia Paper Mill has received $22 million dollars in funding from Ottawa.
The cash will be used to increase the mill's capacity to produce clean energy and decrease it's reliance on fossil fuels.
The mill is installing a new biomass boiler that will be fuelled by wood waste from the company's forestry operations.
Also, the new boiler will provide enough steam to fulfil the energy needs of the mill and lowering green house gas emission by more than 66,000 tonnes per year.
Total cost of the project 32.9 million and the remaining costs will be covered by a $10.8-million repayable loan from the Provincial Government and a half a million dollar grant from Efficiency NB.
