£2bn deal to build waste to power and prawn plants

Aaron Morby 7 months ago
Share

A Chinese investment group is to plough £2bn into backing two innovative combined energy and food plants in Wales.

Welsh biomass
Holyhead biomass plant and eco park will be built on the site of the former Anglesey Aluminium Plant

Chinese investment group SinoFortone is backing plans to develop revolutionary biomass energy plants and combined prawn cultivating farms at Holyhead and Port Talbot.

The projects being developed by Orthios Eco Parks will take heat from biomass power stations and use the waste heat to grow food, starting with king prawns and vegetables.

Chief executive of Orthios Sean McCormick said that 1,000 jobs would be created at the two power plants.

He added: “We have spent five years researching and developing this model and the investment from China will help us roll it out across the planet.

“China’s focus on green energy and its ability to take a long-term view was instrumental in securing the deal.”

An energy centre forms the core of the Orthios Eco Park plans. There will be 5 independent 60 MWe power modules and we Around 1.5m tonnes of biomass per year will fuel five 60Mw power modules capable of providing 300,000 homes with electricity by 2020.

The excess heat and carbon dioxide will be recycled into the Eco Park to be reused for enhancing the cultivation of fish and vegetables.

Angelsey Eco Park & Energy Centre

The Project

  • A 299 MWe biomass power station within the existing consented scheme
  • The world’s largest on-land prawn growing facility (aquaculture)
  • A large soil-less indoor vegetable growing facility (hydroponics)
  • The world’s first home compostable food packaging facility
  • The CFP Centre of Excellence
  • Research and development
  • A deep water jetty for bulk import

Privately-owned investment company SinoFortone Group has been backed financially by the Chinese state.

Its chief executive Dr Peter Zhang said: “We see this as a ground changing model that many countries will benefit from and are delighted to be teamed with the Orthios team.”

He added: “We were impressed with the Orthios professional team and how much research and development they have invested in their unique combined food and power solution.

“With us and the Chinese state as their backers, we are confident we can maximize efficiencies and provide a production facility to deliver this solution around the world.”

The Holyhead biomass plant and eco park will be built on the site of the former Anglesey Aluminium Plant and could be operational in 2017, while the Port Talbot facility is expected to become operational in three years time.

In Port Talbot Othios and SinoFortone Group are working with Associated British Ports on the proposed project.

Speaking to the BBC head of commercial at ABP South Wales, Ralph Windeatt, said: “We are delighted to be working alongside Orthios and Sino-Fortone to deliver the Port Talbot Eco Park, a combined power and food facility that will deliver much welcomed economic growth, jobs and training opportunities in the region.”

As part of an overall £5bn investment in the UK, SinoFortone has also agreed to invest £3.2bn in a major amusement park in Ebbsfleet.

A spokesman for the Welsh Government said: “We welcome any further progress on these two projects, which have the potential to create hundreds of jobs and provide a major boost for the local economy.”

Latest news

Tube maintenance taken away from Amey in bid to save £80m

Transport for London to take work back in-house on Jubilee, Northern and Piccadilly lines
20 hours ago

Bam Mott JV green light for £36m Hull flood defences

Bam Nuttall/Mott MacDonald JV to shore up defences along a 7.5km stretch of the river
2 hours ago

Henry Boot bullish about post Brexit market

Developer and contractor sees no wobble in future work pipelines
2 hours ago

Family Mosaic picks 17 firms for £500m build plan

Ardmore, Bouygues, Galliford Try and Willmott Dixon among preferred list
2 hours ago

Immigration officers raid Liverpool Baltic Village site

Contractor W.I.S.E United faces fine of £20,000 for each worker if correct checks not carried out
2 hours ago

Plans lodged for £150m Manchester PRS scheme

Work will start in Spring 2018, if planning is granted
2 hours ago

Brookfield submits plan for 37-storey London city tower

Building work could start in summer 2018 after six-month demolition phase
19 hours ago

Chinese cladding contractor facing HSE asbestos probe

Yuanda UK under spotlight over imported products
1 day ago

Carillion profit soars to £84m from support services

Blacklisting compensation to cost Carillion £10.5m
1 day ago

Just one week left to vote for best in construction

More than 10,000 votes in already for Enquirer awards: Book your places now
1 day ago

Costain profits dented by further losses on waste PFI

£11.4m hit on completing Manchester waste PFI plunges natural resources division into loss again
1 day ago

Robertson starts work on £333m Aberdeen conference centre

Green light for development by Henry Boot and Aberdeen City Council
1 day ago

Interserve wins £17m York University project

Piazza learning centre will be built on University's east campus
1 day ago

Revenue swoops on tax dodging tradesmen

Operation Dobbin catches 17 fraudsters to help level playing field for honest workers
1 day ago

Lendlease wins £200m contract to build Versace tower

50-storey luxury scheme designed in partnership with famous fashion house
2 days ago

BAM Construct nearly doubles profit to £13m

Mainstream building contracting business margin edges up to 0.6%
2 days ago

Balfour wins £42m London Nine Elms student tower

33-floor student tower kick-starts wider Vauxhall Square scheme
3 days ago

United Living looking for new subbies and suppliers

Meet the Buyer event in Northampton next week: Register now
2 days ago

Former Skanska boss to head Galliford Try’s HS2 team bid

David Blackburn leads Galliford Try/Hochtief/Dragados consortium bidding for major HS2 contracts
2 days ago

HS2 shortlists consultants for phase two

Bechtel, CH2M Hill and Mace/T+T in hunt for seven-year development partner role
2 days ago

No women enter Construction Manager of the Year awards

All 86 of this year's finalists are men: Full list
2 days ago

Kier bags £5bn hat-trick of major construction frameworks

Cambridge University, Procure 22 and Gatwick Airport frameworks promise work boost
2 days ago

Father of seven killed in skylight fall

Two roofing contractors and a director prosecuted following tragedy
2 days ago

Wates signs £64m Norwich food research centre deal

Price agreed for landmark Quadram Institute project
2 days ago

Eurocell enjoys post Brexit sales surge

UPVC products specialist sees 8% underlying increase in sales since EU referendum
2 days ago

Costain jv snaps up last major Crossrail contract

£26m track maintenance facility will be built in Plumstead
3 days ago

Ramboll hires Arcadis infrastructure boss

Mathew Riley takes over as MD of Ramboll UK
2 days ago

Brookfield Multiplex £150m hospital delayed by six months

Collapse of concrete and brickwork firms hits Edinburgh hospital job
3 days ago

Gordon Dunne takes 20% stake in new Keltbray concrete firm

Former Dunne boss appointed managing director at Keltbray Structures
6 days ago

Bulgarian contractor hit with huge safety fine

£500,000 penalty after workers caught balancing on forks of a telehandler: Photos
3 days ago

Contractor services