Funding secured for Portush power plant

23 May 2012 | 09:06 am | 1 min. read

Leading renewables developer B9 Organic Energy and Craigahulliar Energy have signed contracts which will see them develop and operate the first of several landfill gas projects in Northern Ireland.

A landfill gas-fuelled electricity plant capable of generating around 850 kW - enough to power over 500 homes - will be constructed at the Craigahulliar landfill site, near Portrush in Northern Ireland.

The facility will convert emissions from waste into electricity. Power from the project will be sold to Airtricity under an initial three year power purchase agreement.

Funding for the project was sourced by London-based investment manager, Triple Point, which has been actively exploring funding opportunities for energy projects in Northern Ireland in recent times.

Richard Murphy, a lawyer at Pinsent Masons in Belfast who acted as lead adviser on the deal, says, "The market for small and medium scale renewables projects remains very attractive in Northern Ireland due to enhanced support for certain technologies under the Northern Ireland Renewables Obligation scheme, the main incentive scheme to encourage renewables in the province. Biomass developments of this type will be an increasingly important part of the energy mix as we transition to a green economy."

Ian McLennan of Triple Point commented: "We are delighted to reach financial close on the first of our energy projects in Northern Ireland in association with Craigahulliar Energy and B9. The level of government support in Northern Ireland at 1 ROC/MWh has enabled developers and funders to commit to this market and build out projects in the province. We are delighted to be playing our part to ensure that this energy source is being utilised in Northern Ireland to help deliver on government targets."

Latest press releases

Show me all press releases

Pinsent Masons wins 'Construction Law Firm of the Year' and Energy and 'Resources Law Firm of the Year' at the Asian Legal Business Hong Kong Law Awards

Pinsent Masons was named 'Construction Law Firm of the Year' and 'Energy and Resources Law Firm of the Year' at the Asian Legal Business Hong Kong Law Awards, which was held virtually on 27 November 2020.

Pinsent Masons advises Bodymed AG on the sale to Nestlé Health Science

The multinational law firm Pinsent Masons advises the holding company of the founder Dr Hardy Walle on the sale of all shares of Bodymed AG to Nestlé Health Science.

Pinsent Masons secures 11th place in Financial Times Diversity Leaders 2021 Report

Multinational law firm Pinsent Masons has been named as a top 20 Diversity Leader by the Financial Times, ranked 11th in its Diversity Leaders 2021 report.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons wins 'Construction Law Firm of the Year' and Energy and 'Resources Law Firm of the Year' at the Asian Legal Business Hong Kong Law Awards

Pinsent Masons was named 'Construction Law Firm of the Year' and 'Energy and Resources Law Firm of the Year' at the Asian Legal Business Hong Kong Law Awards, which was held virtually on 27 November 2020.

Pinsent Masons advises Australian Gas Infrastructure Group on its landmark A$4 billion debt programme

Multinational law firm Pinsent Masons advised Australian Gas Infrastructure Group (AGIG), one of the largest gas infrastructure businesses in Australia, on its new funding vehicle and secured AUS$4 billion debt programme.

Pinsent Masons advises on $85m Taif independent sewage treatment plant in Saudi Arabia

Multinational law firm Pinsent Masons has advised the sponsors on the Taif independent wastewater treatment plant project in Saudi Arabia, with assistance from our associated Saudi Arabia law firm AlSabhan & AlAjaji.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts