E.ON to Build Biomass Power Plant at UPM's Factory in Germany
28 Novembre 2019 - 12:13PM
Dow Jones News
By Giulia Petroni
E.ON SE (EOAN.XE) said Thursday that it plans to invest 110
million euros ($121.1 million) to build a biomass power plant at
UPM-Kymmene Oyj's (UPM.HE) paper-mill site in western Germany.
The German utility said the plant, which is designed to have an
electrical output of 20 megawatts and a thermal firing capacity of
87 megawatts, will supply heat to the Hurt paper mill and reduce
its CO2 footprint.
The project is scheduled to start operations in the first
quarter of 2022 and could create more than 30 new jobs, according
to E.ON.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
November 28, 2019 05:58 ET (10:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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