AFRY supports customer in successful acquisition of Cramlington Biomass Combined Heat and Power Plant, UK

AFRY were asked to deliver TDD services within a short time frame, focusing on any significant plant risks and providing technical critique of key optimization measures identified by the Vendor.

Our project specific TDD approach consisted of reviewing the Vendors technical due diligence report, high level scrutiny of the technical aspects of the project agreements, and review of technical inputs into the financial model assumptions.

Foresight Group completed the successful acquisition of the Cramlington CHP, providing the firm with their first investment into large scale biomass CHP.

Richard Morse, Chairman of JLEN was quoted saying “the plant has a strong operational track record and we look forward to optimizing this asset for the future”.

Project Facts

Client: JLEN, a Foresight Group managed fund investing in a diversified portfolio of Environmental Infrastructure

Services: Technical Due Diligence Services including:

• technical review of vendor technical due diligence report
• high level scrutiny of technical aspects of project agreements
• and the technical inputs into the financial model.

Plant: Cramlington Biomass CHP Plant

Execution Period: 2021

Location: Cramlington, UK

Technology: A CHP plant with a water-cooled vibrating grate boiler

Fuel: Nominal throughput of 240,000 t/yr of virgin biomass and up to about 10% Industrial Emissions Directive exempt waste wood chips (IEDx)

Output: up to 26.7 MWe in electrical only mode and up to 12.1 MWth

Did you know?

AFRY has supported transactions on over 250 GW of generating capacity since 2008 with a combined value of over €250 bn.

AFRY offers significant biomass experience and have been involved in more than 200 new plants and major rehabilitations or extensions of existing schemes.