Helius CoRDe is a biomass energy plant of 7.2 MW, situated in Rothes, Scotland,  and uses by-products from nearby malt whisky distilleries to produce renewable energy and a liquid animal feed product. The ongoing success of this plant is helping meet the UK’s growing need for reliable energy from renewable sources.

To monitor the plant’s ongoing financial performance, Operis was commissioned by the project’s owners to construct an operating model. This follows the plant’s financial close back in 2011 by winning bidder, a consortium comprising Helius Energy, Rabo Project Equity BV and the Combination of Rothes Distillers Ltd.

In comparison to UK coal-fired stations, the plant delivers greenhouse gas savings of some 46,000 tonnes of CO2 per year and operates at a fraction of the recently announced targets for emissions set under the Renewables Obligations (Scotland) Order.

In support of this project, the operating model was built by one Operis team and independently audited by another.

 

Share now

CONTACT US

Please get in touch with either of our regional offices.

https://www.operis.com/wp-content/uploads/2022/11/Erwan-1.jpeg
Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/05/Carmen-Wade-500x500.jpg
Carmen Wade
Financial Advisory, Head of North America

+1 647 243 3840

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/03/Jun-Tao-500x500.png
Jun Tao
Global Head of Model Audit & Financial Modelling

+44 207 562 0428

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/04/019A5891_Michael.jpg
Michael Jarman
Head of Model Development

+1 647 243 8016

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/05/Philip-Allen-500x500.jpg
Philip Allen
Head of Training [javascript protected email address]

Operis Europe

View Google Map
+44 207 562 0400
[javascript protected email address]

Operis North America

View Google Map
+1 647 846 7382
[javascript protected email address]

CONTACT US

Discuss your requirements with us

https://www.operis.com/wp-content/uploads/2022/11/Erwan-1.jpeg
Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2022/11/22_09_Chris_A-0376.jpg
Chris Aldred
Director

+44 207 562 0433

[javascript protected email address]
Name(Required)
Consent(Required)
This field is for validation purposes and should be left unchanged.