Feb 2 2016
The joint venture of Copenhagen Infrastructure Partners (CIP), PensionDanmark and BWSC completes construction of their GBP 162m biomass power plant investment in the UK well ahead of schedule. The 40 MW plant is located in Lincolnshire and fed by straw.
”The completion of the Brigg power plant is a major step for BWSC as it exemplifies the synergies from a close collaboration between financial and industrial players in the energy sector. In addition, it supports BWSC’s strategic objective of increased activities within financing of and investing in power plants to increase our competiveness. The collaboration with CIP and PensionDanmark has strengthened BWSC’s position as market leader within building, operating and owning decentralised biomass power plants, and we look forward to continuing this fruitful partnership”, says Anders Heine Jensen, CEO in BWSC. “The completion of Brigg is an important milestone for CIP and PensionDanmark, and for our cooperation with BWSC. We have been very pleased with the excellent partnership with BWSC, both as a co-investor and EPC contractor, and look forward to the continued cooperation. The successful completion also demonstrates the value of forming partnerships between financial investors and strong industrial companies”, says Christina G. Sørensen, Senior Partner in CIP.