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News details

Cramlington renewables project boosted by 48m equity investment

UK Green Investment Bank plc (GIB) and John Laing Group plc (JLG) have committed £48m of equity to a new £138m renewable energy facility in North East England, developed by Estover Energy.

The biomass Combined Heat and Power (CHP) plant in Cramlington, Northumberland, will generate 213 GWh of renewable electricity annually, enough to power 52,000 homes. It is also expected to reduce greenhouse gas emissions by circa 56 kt CO2e annually, the equivalent of taking 25,000 cars off the road during its lifetime... Read more>


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