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:: North East Bioresources & Renewables :: News details ::
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News details

Green light for 700 Teesside jobs as MGT Power sign finance deal for £650m plant

The UK’s largest biomass plant at Teesport has almost cleared its final hurdle - giving the green light for hundreds of Teesside jobs.

Work on MGT Power’s “landmark” £650m plant at Teesport could start by the end of the year, after investment firm Macquarie Group signed a deal to finance the scheme.

The long-awaited Teesside Renewable Energy Plant (REP) at Teesport will create 600 construction and 100 permanent jobs... Read more>


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