Greencoat acquires Margam Green Energy

Friday, April 29th, 2022

Greencoat Capital is pleased to announce that funds managed by Greencoat have agreed to acquire 100% of Margam Green Energy Plant (“MGEP”), from Glennmont Partners..

MGEP has been operational since May 2019 and is one of the largest biomass plants in the UK, with a processing capacity of c.290 thousand tonnes per annum (ktpa) of waste wood. The plant’s net capacity of 41.8MW is sufficient to offset around 150,000 tonnes of CO2 per year.

The acquisition is Greencoat’s third investment in large-scale bioenergy plants, following the acquisition of Templeborough Biomass Power Plant in 2019 and Sleaford Renewable Energy Plant in 2020.

The UK supply of low-quality waste wood is forecast to increase in line with economic growth and construction and demolition activity, with MGEP placed to benefit from these trends. The only other viable alternatives for these grades of wood aside from biomass are landfill or export, meaning that MGEP converts what would otherwise be waste into power.

In line with Greencoat Capital’s broader investment strategy, its bioenergy assets provide stable, inflation-linked returns which have low correlation to the wider economy, and which are well insulated from global natural resource supply issues.

COMMUNITY ALERT: FUNDING FOR LOCAL PROJECTS IN MARGAM

Thursday, January 20th, 2022

As we emerge from the Covid pandemic, the Margam Community Benefit Fund is keen to receive more applications from community groups that are based in the ward of Margam. The Fund is administered  by Neath Port Talbot County Borough Council, and there’s £17,500 available every year to promote inward investment and to support community facilities and activities in the local area.

Individual grants of up to £3000 can be awarded.  The Fund has supported a range of projects, making a positive impact in the areas of health and recreation, the environment and culture within the ward of Margam.  Application forms and guidance notes for the  Margam Community Benefit Fund are available from Neath Port Talbot Council, Project Development and Funding Unit, Port Talbot Civic Centre.

New bike trails funded by Margam Green Energy

Monday, November 23rd, 2020

A project to re-design mountain bike trails at Margam Country Park, and funded by Margam Green Energy, has been a huge success.
Earlier this year, Neath Port Talbot Council allocated funding for the project to the Margam Mountain Bike Club from the Margam Green Energy Community Benefit Fund.  Money for the fund comes from Glennmont Partners, one of Europe’s largest and best-known renewable energy fund managers and who are the owners of Margam Green Energy plant.

 

Fuelled by waste wood, the Margam Green Energy plant provides renewable energy for up to 75,000 homes and employs 30 people onsite.

Using the money, the Mountain Bike Club worked with trail design specialists Back on Track on the project to transform the existing competition grade cycle tracks at Margam Country Park into downgraded ‘red’, ‘black’ and ‘blue’ trails.

The project was led by the Physical Activity and Sports Service team based at the park who also physically built the trail in partnership with Margam Park staff.  The trails are now accessible to the novice mountain biker but they still provide a challenge for those with a bit more confidence.  The project has been a huge success and since the reopening of the park, the club has witnessed a huge upsurge in membership and ad hoc usage.

Cllr Peter Rees, Neath Port Talbot Council’s Cabinet Member for Education, Skills and Culture, said: “This is a fantastic example of the council working with our renewable energy partners to produce benefits the community can enjoy.  These new trails give much wider access to mountain biking which is not only good for people’s health but which also attracts more visitors to our flagship Margam Country Park.”

Murray Paterson, UK Biomass Manager for Glennmont Partners said: “Supporting this type of project is precisely what our Community Benefit Fund for Margam is about – supporting local community groups and organisations.  Given the easing of lockdown restrictions, we hope people of all ages make full use of the bike trails and explore the beauty of Margam Country Park.”

The Margam Green Energy Community Benefit Fund is administrated on behalf of Glenmont Partners by Neath Port Talbot Council’s Project Development and Funding Unit. The Fund grants awards of up to £3,000 to community projects based in the Ward of Margam.

Margam Green Energy hosts Neath Port Talbot Council

Wednesday, October 16th, 2019

Councillor Rob Jones, the leader of Neath Port Talbot Council and the ward councillor for Margam, visited the Margam Green Energy Plant on October 11th. He was joined by Taibach ward councillors Anthony Taylor (Deputy Leader of NPT Council) and Rachel Taylor, and council officers. It was a first opportunity for the group to see the plant since it entered commercial operation in the summer.

John Williams, Margam Green Energy’s manager, took the opportunity to explain how the plant uses waste wood (mainly sourced from South Wales and SW England) to generate renewable electricity and to introduce the NPT group to members of the operations team.

Needing help for your local club or special project in Margam? Check out the Margam Community Benefit Fund

Monday, July 8th, 2019

The Margam Community Benefit Fund was established in 2016 by Margam Green Energy in partnership with Neath Port Talbot County Borough Council. The annual community fund of £17,500 is available for the 20-year lifetime of the Margam Green Energy Plant, the waste wood fired power station that recently entered commercial operation.

Margam Green Energy Limited, through its owners Glennmont Partners, provides funding to promote inward investment and to support community facilities and activities in the local area.

Individual grants of up to £3000 can be awarded.  Over the past two years, the Fund has supported a range of projects, making a positive impact in the areas of health and recreation, the environment and culture within the ward of Margam.

Application forms and guidance notes for the 2019 Margam Community Benefit Fund are available from Neath Port Talbot Council, Project Development and Funding Unit, Port Talbot Civic Centre. 01639 763552 / 763390.

GLENNMONT’S MARGAM GREEN ENERGY PLANT ENTERS COMMERCIAL OPERATION

Monday, June 24th, 2019

£160m plant generating renewable electricity for up to 75,000 homes in South Wales

The Margam Green Energy Plant, located three miles south-east of Port Talbot in south Wales, has entered commercial operation. The plant is owned by Glennmont Partners, one of Europe’s largest and best-known renewable energy fund managers.

The main contractor for the Margam power project, the consortium of Babcock & Wilcox Vølund and Interserve Construction, has now formally handed it over to Glennmont Partners. The £160m renewable energy plant, fuelled by waste wood, will generate power for up to 75,000 homes.

Construction of the Margam plant started in 2016 and at one stage employed more than 400 people on site. Babcock & Wilcox Vølund (B&W) and Interserve worked in partnership with a large number of sub-contractors from Wales and other parts of the UK and continental Europe. The construction management of the power station was led by the Cardiff energy company, Eco2 Ltd.

Working closely with Glennmont, Eco2 now has management responsibility for Margam’s commercial operation as well as responsibility for Margam’s waste wood fuel logistics. B&W has operational and maintenance responsibility for the power plant. 25 people are directly employed at Margam.

Peter Dickson, Partner at Glennmont Partners said: “We are very pleased to see Margam fired-up and generating renewable energy for homes and businesses in south Wales. Margam is a long-term investment in Wales’s energy infrastructure.  “Glennmont has appreciated the hard work of everyone to complete Margam’s construction: the efforts of B&W, Interserve, Eco2 and in particular the commitment shown by so many individual workers on site. We have had challenges along the way but I’m delighted to have reached this moment: seeing Margam generating renewable electricity into the grid.”

South Wales young photographer wins national award

Monday, December 3rd, 2018

Siobhan Lock, a young photographer from South Wales, was the winner in the Young Future Technology category of the Engineering Employers Federation 2018 Photography Competition. The Awards were announced in November and featured in The Times and other newspapers

The photo, captioned as New Dawn, is an internal shot of the Margam Green Energy Plant.  It shows a complex network of ducts pass around the outside of the boiler which produces enough energy to superheat the water creating steam at 1000oC. 

More information about Siobhan and her work can be seen via https://www.siobhanlock.co.uk/

CREDIT: New Dawn, taken by Siobhan Lock at Margam Green Energy Plant in Port Talbot. Winner in the Young Future Technology category of the EEF Photography Competition 2018. CAPTION: Margam Green Energy is an innovative green energy biomass plant which utilises recycled woodchip material.  Within the main building a complex network of ducts pass around the outside of the boiler which produces enough energy to superheat the water creating steam at 1000oC.  This image looks up into the new dawn of sustainable electricity manufacturing.

CREDIT: New Dawn, taken by Siobhan Lock at Margam Green Energy Plant in Port Talbot. Winner in the Young Future Technology category of the EEF Photography Competition 2018.
CAPTION: Margam Green Energy is an innovative green energy biomass plant which utilises recycled woodchip material. Within the main building a complex network of ducts pass around the outside of the boiler which produces enough energy to superheat the water creating steam at 1000oC. This image looks up into the new dawn of sustainable electricity manufacturing.

 

 

Commissioning Update

Tuesday, July 24th, 2018

We are expecting to commence “steam blowing” this week, for a period of around three weeks.  This work, postponed from May (see May 1st posting below that explains the work, hours of working etc), is an essential part of the Plant’s commissioning process that is necessary for the Plant to enter commercial operation later this year.  Local residents and businesses have been notified of the work, as have Neath Port Talbot Council and Natural Resources Wales.  For further information, please email us at [email protected]

 

Commissioning work: start of “steam blowing”

Tuesday, May 1st, 2018

The Margam Biomass Power Plant is entering the final stages of commissioning, and as part of this work, an operation known as ‘Steam Blowing’ will commence shortly.  Steam Blowing is an essential part of the renewable energy plant’s commissioning process that is necessary for the plant to enter commercial operation.

We envisage the Steam Blowing commencing during the second week of May for a period of approximately three weeks during which time the plant will, approximately two or three times per day, discharge plumes of water vapour/steam to the atmosphere. The discharge of this vapour/steam may be heard in the local area and may at times be visible over the top of the landscaping areas that surround our site.

We will endeavour to carry out each Steam Blowing between 7.00am and 7.00pm Monday to Friday but there may be occasions that the Steam Blowing will be required to take place outside of these times (where this is necessary, we shall look to minimise the extent of such instances).

Both Neath Port Talbot Borough Council and Natural Resources Wales have been notified that we shall be undertaking this vital work, which when completed shall bring the Margam Biomass plant into operation.

Residents and businesses in the near vicinity of the Plant have been informed of this phase of work.

 

Margam Community Fund backs local groups

Wednesday, January 24th, 2018

The Glamorgan Woodturners Club in Margam, Cwm Brombil Ladies WI and Margam Cricket Club are among this year’s beneficiaries of the Margam Community Benefit Fund which supports community groups in the ward of Margam.

The Margam Community Benefit Fund was established in 2016 by Margam Green Energy in partnership with Neath Port Talbot County Borough Council. The annual community fund of £17,500 is available for the 20-year lifetime of Margam Green Energy, a new waste wood fired power station that is nearing completion on land adjacent to Harbour Way in Margam.

Margam Green Energy Limited is providing the funding to promote inward investment and to support community facilities and activities in the local area. The individual grants of up to £3000 have this year once again supported a range of projects, making a positive impact in the areas of health and recreation, the environment and culture within the ward of Margam.

Glamorgan Woodturners was awarded £2,900 to purchase new workshop equipment for their members and to attract new members of all ages. Cwm Brombil Ladies WI received money to help them set up their group, whilst Margam Cricket Club received money for a new grass mower.

Other recipients included Tata Sailing Club for a new boat, Port Talbot Sea Cadet Unit 537 for a defibrillator and first aid equipment and Margam Community Centre for new chairs.

Leader of Neath Port Talbot Council Cllr Rob Jones said: “The Margam Community Fund continues to help a broad range of community groups and activities, and people of all ages, in Margam.   It’s a striking example of the private sector working with Neath Port Talbot Council for the benefit of the local community.”

Peter Dickson, Director of Glennmont Partners, the owner of the Margam Green Energy plant said: “This is the second year of the Fund and we are pleased such a diverse range of groups in the Margam area are benefiting from the money that we make available each year.”

Anyone interested in joining the Glamorgan Woodturners Club in Margam should contact Mr William Morgan (Club Secretary) on 01639 886106.

Notes to Editors:

Application forms and guidance notes for the 2018 Margam Community Benefit Fund are available from Neath Port Talbot Council, Project Development and Funding Unit, Port Talbot Civic Centre. 01639 763552 / 763390.

The Margam Community Fund is an extra voluntary benefit contribution offered by Margam Green Energy to the ward of Margam and those living closest to the plant. The Fund pays Neath Port Talbot Council on the 1st March each year an annual payment of £17,500. This payment ceases on the 19th anniversary of the payment of the first instalment. Neath Port Talbot Council performs the duties of the Grant Management Organisation and administer the fund for the exclusive benefit of the ward of Margam.

The Margam Community Benefit Fund is an open programme and applications can apply at any time of year. The Steering (Assessment) Group will determine bids on a regular basis.