Iberdrola breaks into Canada with $330m biomass deal

Spanish energy company Iberdrola has broken into the Canadian power market after winning contracts worth €240m ($330m) for two biomass plants.

The Fort St James and Merritt plants in British Columbia will have a combined capacity of 80 MW.

The deal marks Iberdrola’s biggest biomass contracts to date as well as its entry into the Canadian energy sector. Work on Fort St. James is expected to start next month while Merritt is scheduled to begin in February.à‚ 

Iberdrola will be in charge of all stages of construction and commissioning, as well as building two transformer substations and the power lines connecting the plants to the grid.

The plants will be equipped with ‘grate’ design steam generators and will run on sawdust and waste from local saw mills, forestry plantations and clean-up operations.

Iberdrola says that once commissioned, the plants “will be among the most powerful in the Canadian market”.

They will supply electricity to 160,000 homes and are expected to prevent the emission of 570,000 tonnes of carbon dioxide per year.à‚ 

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