Thainstone Energy Park - Agile Energy Recovery

Energy solutions for the people. A £200 million investment opportunity to build a green energy power plant and district heating network.

Get involved in impact investment in an Energy Recovery Plant (ERF) that has the buy-in of the local community. Agile Energy Recovery is developing an energy park to supply EV charging, power and heat. The site, grid connection, planning approval, power purchase agreement, fuel supply and build contracts are all secured.

Using advanced technology up to 30% more efficient than comparable EfW builds, the plant will supply heat to its local community, but with capacity for an extensive heat network stretching in to Aberdeen City and EV charging along the route.

Flexible debt and equity options available for power plant and network build and operation.

Value £200 million

Energy and circular economy sector

Debt (80%) Equity (20%)

Located in Inverurie Aberdeenshire

More on the Agile Energy Recovery website

Agile Energy Recovery Ltd is developing a low carbon energy park near Inverurie. The power plant is due to go online in 2025 and construction work is expected to start in 2022, following successful planning and licensing applications.

The development is a renewable energy park with community-owned district heating infrastructure. It will extend to rural areas with heat batteries.

It will produce 35MWe and up to 70MWth. The heat component is to be gifted to a newly formed and registered Community Energy Company.

The project will catalyse a community district heating scheme in Inverurie. Potential exists to extend the scheme to augment Aberdeen’s CHP scheme with low carbon heat and power.

The project has identified and secured the best brownfield site in the region and has full planning permission for the development. The location lends itself well to the development of an extensive heat network in the immediate locale with plans to provide a high power EV charging network along the route.

Plans are also proposed to supply and accept heat from the Arjowiggins Fine Papers Mill at Stoneywood.

The project has partnered with Energy4All, the UK’s largest community energy enabler, to assist the community energy cooperative to build, own and operate the district heating network into which the project will supply heat as its contribution to the local community.

The project will use proven technology with an integrated advanced design approach, which will enhance both overall and electrical efficiency by around 30% compared with competitive design approaches and project development strategies.

The project will produce enough electricity to power 56,000 average UK homes and heat for up to 40,000 homes.

Investment opportunities

£200m sought - to be invested in both the Power Plant build and the District Heating Network. Flexible (80%) debt and (20%) equity mix to suit new and existing investors is required.

More on the Agile Energy Recovery website

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