Power generator SSE has taken a final investment decision to proceed with the Ferrybridge Multifuel 2 (FM2) project in West Yorkshire, with construction expected to begin later this year.
The completed plant will be able to generate around 70MW of electricity, enough to power around 170,000 homes.
FM2 is expected to bring similar benefits to the local area as FM1, including in excess of 500 construction jobs during the three year build, a number of contract opportunities and an estimated £10 million of additional economic benefits to the local economy, through spending in restaurants, hotels and local businesses.
An EPC contract has now been signed with Hitachi Zosen Inova (HZI), a Swiss headquartered company who are a market leader in building energy from waste projects, who were also the main EPC contractor on the neighbouring FM1 plant.
Charlie Cryans, Head of Construction for SSE said: “SSE’s decision to take the FM2 project through to construction is positive for our businesses, but also represents a £360 million investment, which will provide a range of benefits for the local area which we have a long association with.
“We will be holding a Meet the Buyer event in the coming weeks which will provide local businesses and suppliers with the opportunity to meet the main contractor for the project, and pitch their products and services.”