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2008 | Thenergo and AIF to build 28 MWe multi-fuel projects in Kallo
Thenergo, a leading developer and operator of decentralized, clean energy projects and Agri Investment Fund (AIF), an investment entity of M.R.B.B., the financial holding company of Boerenbond, announce they will join forces to build two sustainable energy projects at AIF’s Fertikal site in Kallo, near Antwerp. Fertikal is an existing plant for drying manure, fully owned by AIF. In the first project, Thenergo will adapt Fertikal’s existing natural gas-fired drying facility to a 9MWe sustainable CHP plant running on bio-oil. The second project is a completely new 19MWe multi-fuel plant to be constructed on the Fertikal site.
These are the first tangible results from the announcement earlier this month when both parties concluded an industrial partnership.
Fertikal is a drying facility that currently turns 60,000T/y tons of pig manure into 20,000T/y of organic fertilizer pellets. The aim is to significantly reduce energy costs by reengineering the current installation, and to potentially increase annual turnover of fertilizer production. The CHP bio-oil plant will produce 9MWe and 8MWth, transforming the production of organic fertilizer from a non-renewable to a sustainable process.
On land adjacent to Fertikal, Thenergo and AIF plan to build a new 19MWe multi-fuel Rankine Cycle based facility, specifically designed for electricity production. Feedstock will consist of 200,000 ton/y of organic residues.
The combined projects represent a total investment of €82 million, financed by a €14 million equity investment, shared by both parties, and senior debt.
Source : Communiqué THENERGO
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