Lostock Sustainable Energy Plant

26/3/2019
Project development

£ 480 million

$ 631.000 million

Announced

26/3/2019


Overview:

  • The Lostock Sustainable Energy Plant, developed by Copenhagen Infrastructure Partners (CIP), has reached financial close and has been given the greenlight for development to begin.
  • The plant, which will cost around £480 million, when operational will be one of the UK and Europe's largest energy-from-waste (EfW) plants, processing 600,000 tonnes of waste per year and is expected to power roughly 110,000 homes.
  • The plant will supply an adjacent Tata Chemicals facility.
  • The plant is owned by CIP (60%) and FCC Environment (40%) and is likely to open in 2023.

Sam Duke

Jurisdiction:

United Kingdom

Deal type:

Project development

Practice area:

Project development

Governing law:

England and Wales

Industry sector:

Energy


Firm:

Party: Copenhagen Infrastructure Partners (Acquirer, Project developer)