Tamar Energy has today announced a deal with Peel Environmental to develop up to five new Anaerobic Digestion plants across the North of England.
A Heads of Terms Agreement has been signed that would see Peel Environmental, one of the UK’s leading developers of new infrastructure for the waste, mineral and environmental technology sectors, provide up to five suitable sites exclusively for Tamar Energy.
Working closely with Peel Environmental, Tamar will design, build and operate any future Anaerobic Digestion facilities as commercial operations. These facilities will be available to businesses requiring responsible and cost effective green and food waste solutions, as well as local authorities and their agents looking to divert waste from landfill and see its use maximised in the generation of renewable energy.
Alan Lovell, Tamar Energy’s Chief Executive said,
“This is a great deal for Tamar Energy and demonstrates our drive and commitment as a business to deliver a UK-wide AD network. The new facilities will be developed, constructed and operated by Tamar Energy as part of our plan to create a ‘critical mass’ of around 40 plants by 2018.”
“Our innovative funding model means we are in a unique position in the AD industry to deliver on our promise of a cost-effective, reliable and sustainable energy and waste management solution for local councils and waste contractors alike.”
Jane Gaston, Development Manager, Peel Environmental added, “Following on from Peel Environmental’s recent consent for the North Selby Anaerobic Digestion and Horticultural Glasshouse scheme in York, we’re pleased to be able to announce that we will be working with Tamar Energy to deliver this and other sites within our portfolio.
“As a company, we work closely with operators, construction companies, funders and technology providers to help deliver full package solutions for waste management infrastructure.”
By 2018, Tamar Energy’s 40 plant plan will create the first UK-wide network of AD plants, and will be generating 100MW of electricity and gas, enough to power more than 200,000 homes. The network will enable it to manage large volumes of feedstock from national contractors and offer unparalleled levels of scale and flexibility.
Launched in 2012, Tamar Energy has an exclusive focus on using anaerobic digestion to transform organic waste into renewable energy. The process has the potential to power millions of UK homes, whilst also offering a sustainable, cost-effective organic waste treatment solution.
Tamar Energy was the biggest European cleantech capital deal in 2012 according to finance advisers Ascendant, having raised £97m in 2012. In recognition, it was recently awarded the ‘Standout Fundraising Achievement of the Year’ Award by Cleantech Group.