UK gives go-ahead for waste-to-energy CHP plant
The proposed plant has capacity to potentially take waste from Manchester, Merseyside, Halton, Cheshire and Warrington that would otherwise have gone to landfill.
The decision by Energy Minister Malcolm Wicks allows INEOS Chlor Ltd to construct an energy from waste combined heat and power (CHP) station with a capacity of 100 MW, at Runcorn, Cheshire. He has also given deemed planning permission for the development.
As well as producing energy from waste, this proposal demonstrates the Government's continuing commitment to promote CHP. The usable heat and electricity produced from the power station will be utilised at the INEOS Runcorn Site, a major chemicals manufacturing complex and one of the largest energy users in the UK.
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The CIB and private sector partners to invest $1.7 billion in Lake Erie Connector
TORONTO - The Canada Infrastructure Bank (CIB) and ITC Investment Holdings (ITC) have signed an agreement in principle to invest $1.7 billion in the Lake Erie Connector project.
Under the terms of the agreement, the CIB will invest up to $655 million or up to 40% of the project cost. ITC, a subsidiary of Fortis Inc., and private sector lenders will invest up to $1.05 billion, the balance of the project's capital cost.
The CIB and ITC Investment Holdings signed an agreement in principle to invest $1.7B in the Lake Erie Connector project.
The Lake Erie Connector is a proposed 117 kilometre underwater…
