Development and acquisition of £900 million MGT Teesside biomass power station.
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To boost local economic activity and lower carbon emissions, MGT Power set out to construct the world’s largest new-build biomass plant in Teesside, UK.
Together, Macquarie’s businesses partnered with MGT to commercialise, structure and finance the development, funding 50 per cent of the equity and raising the remaining funds needed to source this sustainable fuel supply.
The world’s largest new build dedicated biomass power station, boosting the economy of North-East England by £20 million each year for consumers and businesses.