Peel Environmental completes acquisition of the mothballed 212 MW power station in Derby
Peel Environment, a unit of Peel Land and Property, has completed the acquisition of the mothballed 212 MW power station located in Spondon, Derby. Power has been produced from the site in Spondon, Derby, since the 1920’s, initially using coal and then more recently using gas turbines and engines to produce power and heat. The site is approximately 10 acres and is situated next to the River Derwent and adjacent to the former Celanese site and Derby Commercial Park.
With the deal of Peel Environmental, the facility will undergo a period of investment and the site will be used to generate power from gas providing flexible services to the national grid in the Capacity Market. The move will see the site contributing to the UK’s transition to more local and responsive power generation that supports a low carbon economy.
The project has stopped operation since 2012. The project is seen to recommence operation by mid-2019.
Country updates
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July 10, 2018
US$3 billion final close for Macquarie Super Core Infrastucture Fund Series 1
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NextEergy Solar buys 10 solar assets
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July 09, 2018
Dumfries and Galloway Council has awarded planning permission to the project
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July 09, 2018
Scotland awards planning permit to 32 MW wind project
Scotland’s Dumfries and Galloway Council has awarded planning permission to Lorg wind project to be developed by E.on SE. The project involves the development of a 32.4 MW wind farm located nea...
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