The plant is being developed as a 50/50 joint venture by investment fund Macquarie Asset Management’s Green Investment Group (GIG) and Finnish state-owned energy company Fortum Oyj.
Once operational, the plant is set to process up to 350,000 tonnes of residual waste annually, generating up to 45 MWe of electricity.
A GIG spokesperson told letsrecycle.com the partners reached financial close on the plant in July and the project is “moving ahead”. GIG expects to “deliver” the plant in the fourth quarter of 2025.
The three main construction contracts have now been signed and “are effective”, the spokesperson added, alongside the engineering, procurement and construction management (EPCM) contract.
Engineering contractor Hitachi Zosen Inova Steinmüller (HZI) announced in July that it had been appointed to design, build and commission the grate and boiler for the plant (see letsrecycle.com story).
The GIG spokesperson said Czech machinery manufacturer Doosan Skoda had won a deal to build the turbine and air-cooled condenser, while German Lühr air pollution control firm would construct flue gas treatment machinery.
Swedish-Finnish engineering and design company AFRY has been awarded the EPCM contract, the spokesperson said.
Landfill
GIG says the South Clyde plant will play an “important role” in helping to deliver the Scottish Government’s ban on household waste entering landfill by the end of 2025.
The plant is expected to reduce greenhouse gas emissions by 67 kt CO2e per annum when compared to landfill, GIG claims.
It will be heat offtake-enabled and has the potential to be retrofitted with carbon capture and storage (CCS) technology in the future, GIG says.
In a statement, Chris Archer, co-head of GIG Europe, said: “Heat offtake-enabled and with CCS retrofit potential, the South Clyde energy from waste plant expects to play an important role in tackling Glasgow and Scotland’s waste challenge.”
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