Redcar Energy Centre proceeds to next stage of BEIS’s industrial carbon capture (ICC) sequencing process

27.09.22

Low Carbon and PMAC Energy are delighted to announce that the Redcar Energy Centre has been shortlisted to proceed to the due diligence stage of the Department for Business, Energy, and Industrial Strategy (BEIS) phase-2 ICC sequencing process.

Redcar Energy Centre (REC) now has the opportunity to be one of the first energy recovery facilities in the world with a carbon capture solution, enhancing the UK’s net zero commitment by 2050 and bringing economic opportunities to the North East. Once complete, the energy centre will also operate as benchmark for other EfW facilities in the UK looking to implement carbon capture.

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Low Carbon partners with Rezolv Energy to deliver one of Europe’s highest capacity wind farms

07.09.22

Low Carbon has announced that it is collaborating with Rezolv Energy, an independent clean energy power producer focused on sustainable power in Central and South Eastern Europe, to deliver a 450MW onshore wind farm in Romania. The deal represents one of the renewable energy investment manager’s largest projects to date by energy output.

The Vis Viva wind farm will be located to the east of the Romanian capital Bucharest and, once operational, it will be one of Europe’s largest onshore wind farms. Rezolv Energy, recently launched by Actis – a leading global investor in sustainable infrastructure – has acquired a 51% stake in the project.

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Low Carbon closes deal for 29.5MW Mörknässkogen wind farm in Finland

04.04.22

Low Carbon has announced that it has reached financial close on the Mörknässkogen wind farm in Finland. With a capacity of 29.5MW generated from five N163 5.9MW Nordex turbines, the project forms part of the company’s exclusive development pipeline of more than 120MW across the country.

The site on the west coast of Finland, near the city of Vaasa, is set to become Low Carbon’s first operational wind farm in the country, with commercial operations expected to commence in Q4 2023.

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