Powering a Cleaner Future: The Jubilee Boiler and Co-Generation Project

From our 2025 Annual Review:

OneFortyOne is investing A$88 million across the next three years to transform the Jubilee Sawmill into a manufacturing facility run on renewable energy. For decades, the Jubilee site has relied on ageing boilers and fuel systems dating back to the 1950s.

With a two-phase upgrade spanning FY26 to FY28, We are turning the need for a replacement into an opportunity – converting sawmill residues into clean energy while reducing costs, emissions and reliance on the electric grid.

Phase one will replace the outdated boiler and fuel handling systems, reducing fire risk, improving safety, and lowering maintenance costs. But the real innovation lies in phase two: a co-generation facility that converts sawmill residues into clean electricity.

A 5MWe (Megawatts electric) steam turbine generator will produce around 43,000MWh annually – enough to power Jubilee’s operations and potentially feed surplus energy into the grid.

The project is a strategic leap toward Our 2030 emissions reduction target. By eliminating Scope 2 emissions across Australian operations, we are aligning environmental responsibility with economic sense. It also opens possible new revenue streams through electricity sales and Large-scale Generation Certificates (LGCs).

As Nigel Boyd, Jubilee Sawmill General Manager, puts it, ‘This is the largest project we’ve done onsite and a cornerstone of our emissions reduction strategy. By 2028, 100% of the waste fibre onsite will be utilised – nothing will go to landfill.’ The upgrade is also an investment in our people. ‘Our team will receive training to operate the new equipment,’ Nigel adds.

‘And gaining experience with a state of-the-art co-generation plant will be fantastic for their skills and careers.’

By modernising the systems, We are setting a benchmark in Australia. ‘We’re showing how a green, self-sufficient, power-generating sawmill can operate,’ Nigel says. ‘We’ll be off the grid, generating energy from biomass, and producing greener, cleaner products for our customers.’ This initiative underscores OneFortyOne’s commitment to continuous investment and demonstrates our long-term dedication to the region, sustainability and innovation.

FAST FACTS:

• Total Investment: A$88 million (A$61M for boiler upgrade, A$27M for co-generation)
• Electrical Energy Output: 4.95MVA (Potential: 70% for site use, 30% exportable)
• Emissions Impact: Eliminates Scope 2 emissions across Australian sawmill operations
• Fuel Source: Sawmill residues converted into renewable energy