Green light for biomass power plant at Norske Skog's Golbey paper mill

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The go-ahead has been given for the planned waste wood-fired power plant at Norske Skog's paper mill in Golbey in eastern France. The joint venture Green Valley Energie, which will build and operate the plant, announced the successful conclusion of financing negotiations at the beginning of last week. Green Valley Ener-gie's shareholders are Norske Skog and Veolia, each of which hold 10 per cent of the joint venture, and the financial investor Pearl Infrastructure Capital which holds the remaining 80 per cent share.

According to Norske Skog, the power plant will be the largest co-generation plant of its kind in France. Start-up is scheduled for September 2024. Once completed, the plant is to have an electrical output of 200 GWh which will be fed in-to the national grid. The 700 GWh of heat produced by the plant each year are to be used by the paper manufacturer as process heat and steam at its mill....

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