SPEYSIDE BIOMASS CHP PLANT
Operating 2016
Located in Scotland near Craigellachie, Moray, Estover's Speyside CHP plant was financed in August 2014.
The £74m project won the 2014 IJ Global European Biomass Award in recognition of the innovative financing structure used. The project issued a bond guaranteed by Infrastructure UK and was the first greenfield renewables development to do so. Equity was invested by John Laing Group plc and the UK Green Investment Bank plc (now Macquarie plc).
The combined heat and power (CHP) plant generates enough renewable electricity to power more than 20,000 homes, and provides 90% the steam needed in Macallan's distillation process.
CRAMLINGTON BIOMASS CHP PLANT
Operating 2017
Estover's £138m 27MWe biomass CHP plant in Cramlington, Northumberland was financed in September 2015.
£48m of equity was committed by John Laing Group plc and the UK Green Investment Bank plc alongside £90m of debt from Barclays Bank plc, with an export credit guarantee from EKF.
The plant supplies electricity and heat to Aesica Pharmaceuticals and MSD, two of the largest employers in the North East's highly successful specialist pharmaceutical cluster. It will also supply low carbon electricity to the National Grid.
KENT BIOMASS CHP pLANT
OPERATING 2018
The 27MWe Kent biomass CHP plant near Sandwich will supply heat and electricity to Discovery Park, one of Europe's leading science and technology parks.
The plant will source its fuel predominantly from traditionally managed coppiced woodlands, stimulating the local forestry industry and improving traditionally managed forests.
The project was financed in August 2016 by Copenhagen Infrastructure Partners (CIP) and BWSC with over £160m of finance. The project is due to commission in 2018