A renewable energy company plans to create 200 jobs during the construction of a new power plant on the outskirts of Derry.
Evermore Renewable Energy says it has secured more than £80 million in funding for the wood-fuelled power station which will be built at Derry’s Port and Harbour site at Lisahally.
The new plant is scheduled to open in the summer of 2015.
More than 20 full time jobs will be created once the new plant becomes operational.
The company aims to produce enough electricity to supply more than 25,000 homes.
The Evermore project is forecast to be the largest renewable energy project in Northern Ireland, increasing the amount of renewable electricity currently generated in Northern Ireland by approximately 10%.
Ciaran and Stephen Devine, co-founders of Evermore, said: “We are making a serious commitment to the Northern Ireland energy market. Working with the best partners in technology, fuel supply and financing, we hope to show that Northern Ireland is a great place to do business so that further inward investment will follow.”
“This is the culmination of many years of hard work to develop and finance the largest green energy power station in Northern Ireland. Our ability to attract this level of investment into Northern Ireland is testament to our team’s commitment and skill in both project development and project financing. This now marks the start of the construction phase and with that the creation of over 200 much needed construction jobs in the North West.”
Derry Port and Harbour Commissioners’ Chief Executive Brian McGrath added: “We welcome this development. The location of this project at our Foyle Port facility at Lisahally demonstrates our continued strategic delivery of regionally significant industrial projects”.