Burmeister & Wain Scandinavian Contractor A/S (BWSC), a 100% subsidiary of MES, received an order of a biomass combined heat and power (CHP) plant from Northern Irish IPP company named Evermore Developments Limited (EDL). In addition to EPC (Engineering, Procurement and Construction), BWSC will make 17.2% investment to EDL through a holding company and will be responsible for operation and maintenance of the plant during the project period.

Output power of the CHP will be 15,800kW and it will be built at Londonderry City in Northern Ireland. The EDL will sell the whole electricity to a local power distribution company for 15 years under the UK subsidization scheme. Further, the plant will provide 6,100kW of heat. Altogether, the energy efficiency will reach more than 40%.

The plant will divert over 2 million tonnes of recycled wood from landfill over 20 years and will save approximately 3.7 million tonnes of CO2 emissions. The fuel will be supplied by Stobart, a large biomass fuel supplier, and several local suppliers.

The project is financed by a combination of equity provided by BWSC, UK Green Investment Bank (GIB), and Evermore group, who is a developer of this project, and mezzanine loans provided by Gravis Capital Partners, and senior loan provided by Investec Bank Plc in cooperation with the Danish Export Credit Agency, EKF.

BWSC is responsible for EPC and commissioning. The plant will be delivered in summer 2015.

BWSC is a Danish engineering and contracting company specialised in the development, construction, operation and maintenance of power plants of various configurations (biomass, biogas and diesel). The majority of BWSC’s projects are delivered on a full turnkey basis. With over 30 years of experience delivering more than 170 power plants to 52 countries worldwide, BWSC has the expertise and technical knowledge to deal with complex international power projects.