Re: Perth AD Plant

RNS Number : 4152A
TEG Group (The) PLC
30 March 2012
 
 

For release

07:00

Date: 30 March 2012

 

 

 

 

 

 

The TEG GROUP PLC (TEG/L)

("TEG" or "the Company")

 

Re: Perth AD Plant

 

Update on Plant Commissioning

 

 

 

The TEG Group Plc (AIM: TEG) is pleased to announce that the commissioning of its anaerobic digestion ("AD") plant at Glenfarg, Perthshire, is proceeding well and the plant has commenced the generation of electricity.  The grid connection test was satisfactorily completed and the plant has produced its first renewable power, which will be used to power the adjacent TEG composting plant with surplus power being sold onto the grid.

 

The plant has been constructed for TEG Biogas (Perth) Limited, a 50:50 joint venture with Albion Ventures LLP.  Once commissioning is completed, the facility will process 16,000 tonnes per annum of food waste, generate up to 0.7MW of power and produce 0.2MW of heat which will be sold to the Binn Eco Park. 

 

Commenting for TEG, Chief Executive Mick Fishwick said: "We are delighted to have achieved this milestone and to be generating renewable power for the first time.  This facility demonstrates TEG's capability to develop successful AD facilities alongside our established composting business."

 

 

ENDS

 

           

 

Contact:

 

 

The TEG Group Plc

Tel: 01772 644980

Michael Fishwick, Chief Executive

www.theteggroup.plc.uk

 

 

 

Albion Ventures LLP

David Gudgin, Partner

 

 

 

 

N+1 Brewin

(Nomad & Broker)

 

 

 

Tel:  0207 601 1850

www.albion-ventures.co.uk

 

 

 

 

 

Tel : 0845 213 1000

Andrew Craig/Ben Wright

 

 

 

 

Peckwater PR

 

Tel: 07879 458 364

Tarquin Edwards

tarquin.edwards@peckwaterpr.co.uk

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCGMGZFZLKGZZZ
UK 100

Latest directors dealings