Biomass CHP in Kent funded by Danish pensioners

Copenhagen Infrastructure II, a fund under Copenhagen Infrastructure Partners, and through it PensionDanmark and 18 other institutional investors, has teamed up with Burmeister & Wain Scandinavian Contractor (BWSC) to acquire the Kent biomass-fired combined heat and power (CHP) plant project.

The £160 million project will have a capacity of 27.8 MW and will mainly be fuelled with locally sourced wood. The plant will be constructed by BWSC and is expected to be in operation in the summer of 2018.

BWSC will provide the  biomass energy technology and will also be responsible for the operation and maintenance of the plant under an O&M contract for up to 20 years. Heat and some of the power will be delivered to Discovery Park, a major business park located in Kent.
PensionDanmark chief executive Torben Möger Pedersen said “Kent is PensionDanmark’s fourth biomass power plant investment in the UK and our third co-investment with BWSC. The joint venture model we’re applying provides an attractive return to PensionDanmark with limited risk.”