Breaking News

Aesica’s Cramlington Site to Undergo Green Initiative

£137 million investment in green energy plant to reduce greenhouse gas emissions

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

UK Green Investment Bank plc (GIB) and John Laing Investments Ltd. (JLI) have committed £50 million of equity to a new £137 million renewable energy facility in Cramlington, Northumberland that will generate 223 GWh of renewable electricity annually. It is expected to reduce greenhouse gas emissions equivalent to taking 25,000 cars off the road during its lifetime.   Aesica Pharmaceuticals, together with another pharma company, will benefit from its output, and green electricity will be routed...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters