ESPANOLA, ON – BMI Group, an award-winning company specializing in industrial site revitalization and sustainable development, has officially completed its purchase of the former Espanola pulp and paper mill. The site will operate as Bioveld North Inc., a complement to BMI’s Bioveld Niagara Energy Innovation and Enterprise Park, dedicated to advancing energy and bioeconomy innovation. Since signing the asset purchase agreement in April 2025, BMI has received approvals from both the Ontario Energy Board (OEB) and the Independent Electricity System Operator (IESO). …The project lands include the main mill site, surrounding lands, several dams, and a golf course covering a total of 8,823 acres. With such a significant footprint, BMI is working with the Town of Espanola to align redevelopment plans with local goals.