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Tilbury Green Power facility project, UK

26th June 2015

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Tilbury Green Power facility project, UK.

Client
The new power plant will be owned by a consortium of UK Green Investment Bank (GIB) and Irish utility Electricity Supply Board (ESB) as majority shareholders and AET as minority shareholder.

Project Description
The project involves the construction of a 40 MW biomass power facility, which will be powered by about 285 000 t/y of waste wood and is expected to generate 300 GWh/y of green electricity, enough to power more than 80 000 homes.

Value
The total investment is estimated at €265-million.

The Danish Export Credit Agency (EKF), Investec and Rabobank will provide senior debt funding.

Duration
The project is expected to be commissioned in July 2017.

Latest Developments
Alstom has been awarded a contract by Burmeister & Wain Scandanavian Contractor (BWSC) for a geared reaction steam turbine at the proposed biomass plant.

Key Contracts and Suppliers
EKF, Investec and Rabobank (senior debt funding), BWSC and Aalborg Energie Technik (construction contract) and Alstom (geared reaction steam turbine).

On Budget and on Time?
Not stated.

Contact Details for Project Information
GIB, tel +44 330 123 2167 or email enquiries@greeninvestmentbank.com.
ESB, tel + 353 1 676 5831.
EKF, tel +45 35 46 26 00, fax +45 35 46 26 11 or email ekf@ekf.dk.
Investec (London), tel +44 20 7597 1234 or fax +44 20 7597 1000.
Rabobank, email rabobankgroepsite@rn.rabobank.nl.
BWSC, tel +45 48 14 00 22, fax +45 48 14 01 50 or email bwsc@bwsc.dk.
Aalborg Energie Technik, tel +45 96 32 86 00, fax +45 96 32 87 00 or email aet@aet-biomass.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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