enfinium has reached a financial close on a new 410,000 tonnes per annum waste-to-energy facility in Leeds, West Yorkshire. Enfinium Skelton Grange is a combined heat and power facility that will generate 49 MW (gross) of partially renewable, baseload electricity to power the needs of more than 100,000 UK homes.
Progress to reach financial close follows planning permission by Leeds City Council in March 2020 and the award of an Environmental Permit by the Environment Agency in December 2020. Enfinium Skelton Grange signed two long-term waste supply contracts for over 50% of the facility's annual capacity with SUEZ and Beauparc. In addition, HZI has been selected as the Engineering, Procurement and Construction (EPC) contractor for the delivery of the project.
enfinium was advised by Deloitte and Ashurst. Santander, MUFG, Natixis and Credit Agricole are lenders to the Skelton Grange project and were advised by Linklaters.
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