The Tilbury Green Power Plant is being developed by Tilbury Green Power Limited, the major shareholders of which are ESB and the UK Green Investment Bank. BWSC (the company constructing the Plant) and AET (the Plant’s boiler manufacturer) are minor shareholders.
Further details of each of these companies is provided below.
ESB is a leading independent power generator in the UK, as well as Ireland’s premier power company with an asset base in excess of £8.5 billion.
ESB has a track record of over 20 years as a successful investor in the UK having commissioned one of the first independent power generation plants at Corby in Northamptonshire in 1994.
In addition to the Tilbury Green Power Project, ESB is currently in the final stages of constructing a new 880 MWe gas-fired power station at Carrington in Manchester. The Carrington power station will be capable of generating enough electricity to supply 1.5 million homes once operational.
The UK Green Investment Bank was launched in November 2012 and is wholly owned by HM Government. With £3.8 billion of funding from the UK Government, it is the first bank of its kind in the world. It is a “for profit” bank, whose mission is to accelerate the UK’s transition to a greener economy, and to create an enduring institution, operating independently of Government.
Burmeister & Wain Scandinavian Contractor (BWSC), is a global turnkey contractor and operator of tailored medium to large-scale power plants based on biomass, waste-to-energy and conventional fossil-fuel.
BWSC also can undertake a leading role as project developer and sponsor and in addition to being a shareholder, BWSC in consortium with AET has been appointed by TGP to construct the Plant and to operate and maintain the Plant once constructed.
Aalborg Energie Technik a/s (AET) is a leading independent engineering and contracting company supplying biomass fired boiler plants, power plants, and combined heat and power plants.
In addition to being a shareholder, AET has been appointed to supply the AET Combustion System, the AET Biomass Boiler, the AET SNCR deNOx System, as well as the SCADA system for the entire plant. AET will operate and maintain the plant in consortium with BWSC.