Scotland: Whisky waste will power 9000 homes
on 22/04/11 at 11:42 amBooze News
Aim-quoted Helius Energy – in which Perthshire investor Angus MacDonald holds a 19 per cent stake – finalised financing for the scheme after signing up Dutch lender Rabobank, which joins existing backers Lloyds Banking Group and Royal Bank of Scotland.
Lloyds and RBS will supply about £42.4m of debt for the project to build a combined heat and power (CHP) plant at Rothes, in Moray, while Rabobank will take an equity stake.
Solid residue, or “draff”, from local distilleries will be taken to the site and burned along with wood to provide up to 7.2 megawatts (MW) of electricity, which will be used to power local homes and to run and animal feed production process. Steam created will be used to evaporate liquid residue – or “pot ale” – into a syrup, which can then be used to make animal feed.
At present, waste from Speyside’s distilleries is taken to the animal feed plant in Rothes, which burns gas to evaporate the pot ale. Helius said its project will cut out the production of about 46,000 tonnes of carbon dioxide equivalent each year.