Nexterra Closes Financing for UK Biomass Project

Nexterra has closed financing for the Welland biomass plant in the UK which will use the Canadian company’s gasification technology.

Nexterra also participated in the development and financing of the £51.6 million (US$76 million) project located in Northamptonshire. The Welland project is the second biomass gasification power plant developed in co-operation with Balfour Beatty Investments, Cogen, MWH Treatment and Nexterra.

The Welland power plant was funded by a consortium comprised of Balfour Beatty Investments, NOY Nexterra Holdings Limited Partnership, which is a partnership between NOY Infrastructure Fund and Nexterra, and Equitix MA Infrastructure Fund. MWH Treatment will design, construct, operate and maintain the plant.

Nexterra will design and supply the complete biomass gasification-to-steam generation system from feedstock handling to emission controls, including four gasifiers, a high pressure boiler, and a flue gas treatment system. Export Development Canada has provided performance support for Nexterra’s scope on this project.

Once the project has been completed in 2017, it will convert 60,000 tonnes of dry locally sourced sustainable waste wood which has been diverted from landfill into 9 megawatts of  electricity. The clean electricity generated will be exported to the national grid and will be enough to power more than 17,000 UK households a year.

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