An estimated 40 direct jobs will be created at the facility, which is supporting the Combined Authority’s plans to secure opportunities in the growing renewable energy sector.
The business has based itself on a facility directly adjacent to the River Tees, which has its own quay within Port Clarence, on the outskirts of Stockton-On-Tees, for the 16-acre multipurpose site.
The building work started last year and, when up and running, the wood management site will receive two shipments per week of up to 5,000 tonnes of renewable fuel.
Ben Whawell, CEO of Stobart Energy, said, “I am delighted to open our latest wood management facility. The successful completion of the project is a testament to the hard work of our Stobart Rail and Civils team. Stobart Energy has been trusted to deliver once again and new jobs have been created in the process.”
Tees Valley Mayor Ben Houchen, added, “This is great news for Tees Valley and I’m delighted to welcome the energy division of Stobart Group to the region. We’re seeing yet another big household name put down roots in our area and call it home.
“Our £490,000 grant to Stobart further demonstrates a commitment to our growing renewables sector, and also the companies that will help us lead the way as the country’s energy powerhouse. Tees Valley is open for business.”
Councilor Nigel Cooke, Stockton-on-Tees Borough Council’s Cabinet Member for Regeneration and Housing, concluded, “We are delighted to welcome such a huge brand in Stobart Energy to the Borough. It joins the other major international businesses that have already established a presence here and are proud to call Stockton-on-Tees home.
“The level of investment involved in this particular project and the number of jobs it will be bringing for local people are both very positive. It’s definitely a further vote of confidence both in the Tees Valley and Stockton-on-Tees as a place that is open for business.”
