Scottish Whisky Distillery Gets Heat from $123M CHP Plant
A new combined heat and power (CHP) plant in Speyside, Scotland will provide heat in the form of steam for Macallan whisky distillery.
The new biomass CHP plant will generate 87.4 GWh per year of electricity and 76.8 GWh per year of heat.
The CHP facility will contribute to reducing the cost of energy at the Macallan distillery by providing 90 percent of all of the steam needed in the distillation process.
John Laing and the UK Green Investment Bank are investing $43.2 million, alongside $79.8 million debt to be raised from the bond market, guaranteed by HM Treasury. GIB and John Laing’s investment is conditional on the successful conclusion of the bond process.
The project is being developed by Estover Energy. The plant will be fueled with sustainable forestry byproducts sourced from the local area. A consortium of local growers and forest industry suppliers including Stobart Biomass Products and UPM Tilhill will supply the plant.
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