Binn Group and investment partner Iona Capital have hired French company Tiru to build and operate a new £70m 8MW energy-from-waste (EfW) facility at the Binn Eco Park near Perth, Scotland.
Tiru currently operates two EfW plants at Grimsby and Exeter in England and 18 further facilities across Europe ranging in scale from 3MW to 200MW.
The Binn Eco Park will be their first EfW contract in Scotland and Tiru will also supply the technology for the facility handling up to 85,000 tonnes each year.
The EfW project will create more than 200 jobs during the construction phase and 30 long-term skilled posts once operational, which is expected by late 2024.
Binn Group will act as primary feedstock suppliers for the plant.
Iona Capital investment manager Julia Safiullina said: “Their experience in engineering and construction gives us confidence that the project will be delivered on time and on budget.
“Tiru’s extensive experience in operating EfWs and developing heat utilisation provides a further assurance that the Binn EfW project will be a success.”
The facility will provide additional low carbon energy to a local private electricity grid.
The private grid will also enable the export of low-carbon energy to local businesses and other facilities.