Veolia wins €450m contract to operate Ireland's largest biomass plant
The Irish arm of Veolia Environnement has won a €450m contract to operate what is to be Ireland's largest biomass plant in Killala, Co Mayo.
The company said that it has won a 15-year contract from Mayo Renewable Power to operate the 42.5-megawatt heat and power plant which will produce enough electricity to supply 68,000 homes.
Estelle Brachlianoff, Senior Executive Vice President, Veolia UK and Ireland said: "This project marks a significant step on Ireland’s path towards developing sustainable energy solutions.
"We are looking forward to collaborating with our project partners to deliver best in class energy management for the successful delivery of this milestone project."
Ireland plans to get 40pc of its power needs from renewables by 2020.
Planning permission has already been granted for the new 42 megawatt biomass combined heat and power generating station, which is being developed by Mayo Renewable Power and backed by American investment company Weichert Enterprise.
The build represents an investment of €180m.
Up to 350 construction jobs will be created when building work begins on the project later this month.
Another 30 full-time posts will be filled when the plant in Killala, on the site of the old Asahi factory, opens in two years.