Plans have been revealed for a multi-million pound waste-to-energy plant in Redcar that could create hundreds of employment opportunities.
Yorkshire waste management firm PMAC Energy secured 25 acres of land at Redcar Bulk Terminal (RBT) for the £250m scheme.
Subject to permitting and planning approvals, the facility could create 400 jobs at the heart of the South Tees Development Corporation site.
The plant could produce waste-derived fuels from 2021, generating enough electricity once operational to power 56,000 homes.
Garry O’Malley, general manager of RBT, said: “Today’s announcement is hugely significant, not only for our businesses but for the whole South Tees region.
“We’ve worked closely with PMAC Energy on this project for a number of years and it’s another reflection of the continued resurgence of Redcar Bulk Terminal and this site.”
He continued: “Like many others on Teesside, we were dealt a hammer blow when SSI closed – so much so you could say RBT’s mere survival is a success in itself.
“We’re grateful for the strong support we received during these difficult times, in particular from Greybull who provided us the capital and energy required to turn the corner. The fact we’re seeing significant growth, diversifying our business and attracting new companies to the Tees is an incredible achievement.”
BDAILY ARTICLE
Read more posts
The Institute of Coding launches…
14.01.2020Practical Applications of Emerging Technologies run by The Institute of Coding at Newcastle University will showcase some of the latest emerging technologies and their real-world applications in bite sized introductions…
Read moreBIM SHOW LIVE KEYNOTE SPEAKERS…
14.01.2020Designing for healthy people and places, protecting the environment and human centred design are all high on the agenda at the industry leading BIM Show Live conference taking place in…
Read moreTop of the class! NCG…
13.01.2020One of the UK’s largest college groups, NCG, has appointed North East independent law firm Muckle LLP as its main legal provider following a competitive tender process. After scoring higher…
Read more