Welland Bio Power announces start date
The UK’s energy recovery sector took another step forward yesterday as CoGen announced it had reached financial close on its £51.6m Welland Bio Power waste wood gasification project in Northamptonshire.
The facility is expected to come online in March 2017 and will provide low carbon power to around 17,000 homes, cutting carbon emissions by over half a million tonnes over the course of the facility’s life.
The project has been developed by CoGen, along with partners Balfour Beatty, alongside investment partners Noy Infrastructure and Energy Investment Fund and Equitix MA Infrastructure Fund.
The proposed facility will be fuelled using about 60,000 tonnes of waste wood a year, supplied by local firm Welland Waste Management Limited.
In addition to cutting carbon emissions, the project is expected to create around 100 construction jobs and 19 full-time jobs.
The EPC contract is with MWH Treatment and follows a similar deal that will see the company build and operate the Birmingham Bio Power plant at Tyseley, which is scheduled to come online early next year.
The project will qualify for subsidy support under the government’s soon to be phased out Renewables Obligation scheme and will make use of gasification technology provided by Nexterra Systems.