P3P, a JV partner in WEP, are a key investor in the Full Circle Generation project in Belfast, developed by RiverRidge, secured a deal for the development of 14.85MW waste-to-energy plant in Belfast, Northern Ireland.
The £107m project is the largest of its kind to be financed in Northern Ireland, and is expected to deliver 65MWh of clean, green electricity on an annual basis – sufficient to power 14,500 homes.
We have entered the joint venture with the Green Investment Bank, RiverRidge Energy and Equitix.
This follows our involvement in a revolutionary £60m biomass energy plant in Hertfordshire, which is likewise the largest of its kind in the UK.
Bouygues Energies and Services, who designed the Hertfordshire plant, will undertake the design, construction and operation of the plant in Northern Ireland. The plant is expected to be fully operational in late 2017.
Pioneer Fuels will provide the feedstock to fuel the plant. This feedstock is comprised of household and commercial waste, and the gasification of this waste into a combustible fuel qualifies the project for the Renewable Obligations scheme. It will also aid local authorities and businesses meet their waste reduction targets.
In addition to enhancing Northern Ireland’s green infrastructure network and providing a local supply of renewable electricity, the development is set to create approximately 250 construction jobs and 20 further permanent jobs in operations.
For further information see www.riverridge.co.uk