19 March 2013: Updates from developer Kedco of the biomass combined heat and power (CHP) plant being developed in Enfield (see previous post here for a lot more detail on the scheme).
The Telegraph reports that “The project, which has full planning and environmental permission for the conversion of 60,000 tonnes of waste timber per annum into up to 12MW of electricity and heat, remains on track to reach financial close and start construction in the third quarter of 2013. Chief executive Gerry Madden said: “The company has a clear plan in place for the Enfield Biomass CHP project with the key objective being to reach financial close by Q3 2013.
“Given the flagship nature of the project, which is located in the London area within the M25, the company is pleased to have received numerous enquiries from various parties interested in participating in the project, and we look forward to finalising this shortly.”
Kedco’s website additionally states that: “The company has had discussions with a number of potential large blue chip offtakers for both the electricity and heat which will be generated by the project.”
Further information on a press report here.