Helius Energy Secures Site for 100-MW Biomass Power Plant

Helius Energy announced that it has signed an option to lease an 18 acre site located within Avonmouth Dock, on the Bristol Channel, for the proposed construction of a 100-megawatt (MW) biomass power plant. Helius will submit an application under Section 36 of the Electricity Act 1989 for development of the project and will enter into a statutory consultation process with relevant authorities and conservation bodies.

The option to lease is exercisable within 48 months starting on October 10, 2008 for the construction and operation of the biomass facility. The lease also contains an option to lease an area for a construction compound, which is exercisable at Helius’ option.

“We are delighted to have secured this highly desirable site for a proposed 100-MW biomass power plant following last month’s sale of our 65-MW Stallingborough project. Helius Energy remains committed to becoming a leading developer and operator of dedicated biomass power plants,” said John Seed, managing director of Helius.

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