Glennmont Partners, the owners of the 38MW straw-burn Sleaford Renewable Energy Plant in Lincolnshire, announces that the plant has commenced commercial operation.

The Sleaford plant was built by a consortium of Burmeister & Wain Scandinavian Contractor A/S and Burmeister and Wain Energy A/S, and has been built to perform to the highest environmental standard. Construction of the plant started in May 2012.

Managed by Eco2 Limited on behalf of Glennmont Partners, the plant will generate enough renewable electricity to power 65,000 homes as well as provide free heat to Sleaford’s public swimming pool, the indoor bowling centre, the town’s football club, William Alvey Primary School, and North Kesteven District Council’s office in the town.

The renewable energy plant employs 30 people onsite and is supporting jobs in local agriculture as the straw, that is the plant’s fuel source, is being secured mainly from farms within a 30 mile radius of Sleaford.

Working closely with North Kesteven Council, Sleaford Town Council, Kirkby-la-Thorpe Parish Council, Glennmont will continue to support the delivery and distribution of the £285,000 of community funding that is delivered through the Sleaford REP Community Liaison Panel. The Panel was established in January 2013. Glennmont is also supporting other initiatives that will benefit the local area, including the Sustainability and Public Art Funds, and an engineering apprenticeship scheme.

Joost Bergsma, Managing Partner of Glennmont, said: “Sleaford is a landmark deal not only for Glennmont but for the UK biomass industry as a whole. It’s also a significant milestone for the town. Glennmont appreciates the efforts and support of everyone involved in the development and construction of the project, not least the teams at Eco2 and the Burmeister & Wain Consortium, as well as the local community.”

For further information, please visit:   www.glennmont.com or www.sleafordrep.co.uk

or contact: Paul Taylor - 020 3170 8465 / [email protected]

Taylor Keogh Communications

Notes to Editors:

Glennmont Partners is one of Europe’s largest fund managers focusing exclusively on investment in clean energy infrastructure. It raises long-term capital to invest in alternative power generation projects, such as wind farms, biomass power stations, solar parks and small-scale hydro power plants. Its carefully selected, risk managed investments deliver sustained performance and predictable returns over periods of 10 years or more. Formerly BNP Paribas Clean Energy Partners, the team has been working together since 2007, and has established a reputation for making intelligent, long-term investments that deliver absolute returns.