Energy sector experts from Burges Salmon have advised project company Mersey Bioenergy Ltd on a new £110 million project to construct a Combined Heat and Power (CHP) plant in Widnes, Merseyside.
The Burges Salmon team, which was led by partners Ross Fairley and Graham Soar with expertise drawn from around the firm’s award winning Energy sector group, advised Mersey Bioenergy Ltd on legal matters including the real estate, fuel supply agreements, construction package, heat and electricity offtake arrangements as well as the financing and equity documents.
The project will be the largest waste wood renewable energy plant in the North West and is estimated to save around 1.3 million tonnes of greenhouse gas emissions and produce enough electricity to power the equivalent of 35,000 homes.
The 20.2 MWe and 7.8 MWth CHP plant will be powered by 146,000 tonnes of Grade B-C recovered wood each year.
Ross Fairley said: “We are delighted to have advised our client on this significant renewable energy project. We provided Mersey Bioenergy Ltd with a range of legal advice from across the firm to help bring the project to fruition and it was a huge team effort.”