Terra Energy, a subsidiary of Terra Innovations Inc., recently bought 740 acres at the site of the Dickerson power plant and waste incinerator. About two-thirds of that land is in the Ag Reserve.  

Terra Innovations describes itself as a “real estate development and asset management firm started in Montgomery County” that “focuses on the creative development of challenging or unusual properties.”  

The 740 acres encompasses two zoning categories: Heavy Industrial (HI) and Agricultural Reserve (AR). Some 255 acres are currently zoned HI and 485 acres are zoned AR. Most of the former coal fired power plant property is sited on the HI zoned land. It has been idle for three years.  A mix of support buildings, utility facilities, power lines, access roads, railroad tracks, and additional uses exists on both HI and AR lands for this property and the adjacent sites.    

Terra’s owners shared with SCA their preliminary 3-part vision for developing the property. They seek first to demolish the coal fired plant and its associated structures after salvaging, recycling, and reusing what they can from it. Their plan is to retain all existing energy-related infrastructure, some of which is owned by the local utility company, Gen-On.

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