Margam Green Energy Ltd

The Margam Green Energy Plant is a 40MW biomass power station, which utilises waste wood that would otherwise be disposed of to landfill. The plant is located on land off Harbour Way (A4241), near Margam in South Wales, in an area designated for commercial and industrial development.

The project was developed under the project company Margam Green Energy Limited – a joint venture between Eco2 and the Western Logs Group – with the support of Equity investor Glennmont Partners. Although a number of complex issues had to be overcome after a planning application was submitted in 2008, the Margam Green Energy team led by Eco2 gained support of Neath Port Talbot Council for the project and saw planning permission granted in 2014.

The Eco2 Development Team also prepared and submitted comprehensive documentation to enable the Council Planning Team to discharge pre-commencement planning conditions ahead of completion of the financing of the project,

In 2015, Glennmont Partners purchased 100% of the share capital of Margam Green Energy Ltd on behalf of its dedicated Clean Energy Fund. It is now being built by a consortium consisting of Babcock Wilcox Volund A/S and Interserve Construction Ltd with Stobart Biomass Ltd providing the wood under a long term contract. Eco2 continue to have involvement in the project, with Eco2 Management Services Ltd managing the project on behalf of the owners.

When fully operational the project will utilise around 300,000 tonnes of waste wood from nearby regions to recover 40MW of renewable electricity for export. In addition to its environmental benefits, it has provided a new access point that opens up the development site in which it sits for future employers to relocate to. It also continues to be supported by Neath and Port Talbot Council for its role in offering quality employment for people living within the region.

 

Key facts:

Under Construction