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 advises Primary Capital Partners on management buy out

International law firm, Pinsent Masons, has advised Primary Capital Partners on its management buy-out of British engineering company Foster & Freeman.

Pinsent Masons hires two partners in Australia to boost its Finance and Projects team

International law firm Pinsent Masons has appointed partners Mark Waddell and James Morgan-Payler to further enhance the firm's infrastructure and energy practice in Australia and across Asia Pacific.

Pinsent Masons advises on Zagreb Airport refinancing close

International law firm Pinsent Masons has advised Međunarodna Zračna Luka Zagreb (MZLZ) on the c.€200 million refinance of Croatia's Zagreb Airport.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons hires two partners in Australia to boost its Finance and Projects team

International law firm Pinsent Masons has appointed partners Mark Waddell and James Morgan-Payler to further enhance the firm's infrastructure and energy practice in Australia and across Asia Pacific.

Pinsent Masons advises on Zagreb Airport refinancing close

International law firm Pinsent Masons has advised Međunarodna Zračna Luka Zagreb (MZLZ) on the c.€200 million refinance of Croatia's Zagreb Airport.

Pinsent Masons named Energy & Infrastructure Projects Team of the Year at The Lawyer Awards 2019

Pinsent Masons has won the Energy & Infrastructure Projects Team of the Year award for its work for TfL in securing consent for the proposed £1bn Silvertown Tunnel in East London.

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