12th August 2014
Corby recycling and energy facility powering ahead
A new recycling and energy from waste facility, that received final Planning consent earlier this year, is reaching financial close. The Facility on Gretton Brook Road Industrial Estate represents nearly £80million of investment that will generate 9MWe of renewable energy, enough to power 18,000 homes, and creating sixty permanent new jobs, on top of the 200 jobs needed during construction. This job creation was welcomed by Corby’s MP Andy Sawford, when the plant was discussed with him earlier this year, before planning was finally approved and enacted in May this year.
It will recycle up to 120,000 tonnes of Commercial and Industrial waste each yearfrom offices, factories, building sites and shops in the Corby and Northamptonshire area within a thirty mile radius of the site, instead of it going to landfill.
The site also has connections with Gretton Brook Estates Ltd who have plans for a Resource Recovery Park on the adjacent Brookfield Plantation that might one day have a combined heat and power feed from the Drenl Plant. However, at this stage the Plant itself is stand alone.
Jim Brathwaite CBE, Chairman of Drenl Ltd said:
“We hope to provide heat to the “Resource Recovery Park" planned next door. This site, with our guaranteed power and heat, should encourage the type of manufacturing and food processing companies that need energy to operate that I know the owners are talking to.”
“The recovery of our otherwise waste heat resource is what makes this site a welcome addition to the area as far as Drenl is concerned. It makes the plant that will be built anyway, even more environment-friendly by using our recovered heat, instead of us having to exhaust it through the coolers. This will probably be its biggest and most valuable resource recovery”
Drenl and its partners have appointed Bouygues Energies and Services UK, part of Europe’s biggest construction company, to build and operatethe Plant.It is expected that construction will commence later this year.
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For more information contact:
Communications Consultant, Drenl Ltd
Tel: 020 3170 8468 / Email: firstname.lastname@example.org