12MW Plymouth Biomass CHP
On the 2nd July 2013 the Company announced that it had signed heads of terms with the London & Devonshire Trust (“LDT”) regarding a site for a 12MW biomass CHP project in Plymouth. LDT have continued with the development of the wider site and have secured a grid connection offer for the Biomass CHP project.
The Company has now signed a legal option and agreement for lease with the London & Devonshire Trust (“LDT”) regarding a site for a 10MW biomass CHP project in Plymouth. This agreement provides the Company with a 3 year option period to secure planning permission for the Project and the other necessary consents required to start construction. As previously announced a grid connection agreement has already been secured for the project.