A £480 million investment has been secured for a proposed new waste-to-energy facility in Cheshire. Tata Chemicals Europe (TCE) said it has reached an agreement with a joint venture formed by Copenhagen Infrastructure partners and FCC Environment Group for the funding, ownership, construction and operation of the plant at TCE’s Lostock manufacturing site in Northwich.
Creating an Efficient Future
The Lostock Sustainable Energy Plant will recover energy from residual waste after reusable and recyclable materials have been separated from one another. FCC will then source the waste which will be used for generating power and steam. The aim of the plant is to divert 600,000 tonnes of waste from landfill and generate enough electricity to power 125,000 homes a year. At the same time, it will offset 200,000 tonnes of CO2 emissions.
A record-breaking investment
TCE Project Director Fraser Ramsay said: “We recognised the need for strong third-party support to take this project forward and, through this agreement, have secured leading energy-from-waste expertise to make the plant a reality.
“At £480m, this is one of the largest investments at the Lostock site since soda ash manufacturing commenced in 1907 and continues a rich industrial history of innovation and job creation in Northwich.”
The plant is scheduled for operation in 2023.
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