BWSC and the fund Copenhagen Infrastructure I with PensionDanmark as investor continue their successful joint venture and create their second biomass fired power plant in England.
The investment in Snetterton is of DKK 1.6 billion. PensionDanmark invests DKK 1.4 billion, which is financed through Copenhagen Infrastructure I, managed by Copenhagen Infrastructure Partners. BWSC invests DKK 0.2 billion in the power plant.
This is the second biomass power plant created by BWSC PCL in England. Last year the company invested DKK 1.4 billion in the Brigg project further north in England, in Lincolnshire. Horten also assisted BWSC A/S in connection with the Brigg project.