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Operational review by Myles Kitcher

Executive Director of Natural Resources & Energy

The year saw significant progress across all Peel NRE business divisions - advancing business development, securing valuation growth and delivering construction activity. 

The evyve electric vehicle charging platform was launched with a focus on delivering charging locations across the Greene King pub estate, as well as further locations within the Peel L&P estate. Good installation progress is being made.

Our Water business continued to deliver additional connections resulting in valuation increases across the year.

Ener-Vate traded ahead of budget with significant further growth predicted as developer interest in district heating solutions continues to rise. Construction continued across the Mersey Heat network with planning permission being granted, and funding subsequently obtained, for the Energy Centre, including a 3MW water sourced heat pump. Successful grant applications assisted in project feasibility being advanced across Glasgow Waters and Wirral Waters.

Peel Cubico Renewables focused on site origination, making progress across the UK and the Isle of Man which will translate to active planning submissions through 2022. The renewables team was also working towards the commercialisation of its 120MW wind farm scheme in the Shetland Islands, with the successful award of a contract for difference.

A planning application was submitted for a medicinal cannabis cultivation facility on the Isle of Man which will link directly with the renewable energy strategy for the island. 

Funding was secured and construction started on the 240,000tpa Port Salford Wash Plant which is to commence operations in October 2022. Working with colleagues across Peel L&P, the team also completed the acquisition of the 850-acre Fiddler’s Ferry Power Station site in Warrington which will become a strategic regeneration project.   

At Protos in Cheshire, construction continued on both Covanta’s 50MWe energy from waste facility and the Protos infrastructure works, which include a 124MWe grid connection. Progress was also made in the schemes promoted by Enviroo, Greenergy/ABSL, Forsa Energy and the Powerhouse Energy facility, for the conversion of waste plastic to hydrogen. The Government’s decision to support a carbon capture cluster in the area further enhanced the Protos value proposition and advanced occupier interest.

Evyve electric charging points are now being installed across the UK

The redevelopment of Fiddler’s Ferry is a once in a generation opportunity to deliver significant new jobs and homes on one of the largest brownfield sites in the region

"The team completed the acquisition of the 850-acre Fiddler’s Ferry Power Station site in Warrington which will become a strategic regeneration project."

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