Davis Polk is advising Solvay S.A. on its joint venture with New Biomass Energy for the production of torrefied biomass at an industrial scale.

Headquartered in Brussels, Solvay is an international chemical group assisting industries in finding and implementing responsible and value-creating solutions. New Biomass Energy is a green energy developer targeting high-quality renewable energy opportunities that offer immediate contributions to the green economy. New Biomass Energy’s focus is on torrefaction of wood to be used by coal-burning power plants to supplement the coal and thereby enhance the green aspects of the plants. New Biomass Energy developed and operates the first commercial scale wood torrefaction facility located in Quitman, Mississippi.

The Davis Polk corporate team includes partners Jacques Naquet-Radiguet and William H. Aaronson, and associates Darren M. Schweiger and Francesca Campbell. Partner Jeffrey P. Crandall and associate Jessica Lutrin are providing executive compensation advice. Partner Neil Barr and associate William A. Curran are providing tax advice. Associate Pritesh P. Shah is providing intellectual property advice. Counsel Hayden S. Baker is providing environmental advice. Members of the Davis Polk team are based in the New York and Paris offices.