New Park forms new commercial vehicle for it's energy investments

New Park has incorporated Stoerhouse Ventures (Power) Ltd. to invest in it's emerging portfolio of projects in the biomass CHP and marine renewables sectors.

Through Stoerhouse, New Park is already engaged in discussions with technology development partners and has earmarked Forss Business and Technology Park as the site for it's first biomass CHP development. Neil Robertson, New Park's Director taking the lead in these projects commented, "With New Park having land, buildings with heat load requirements and grid connections at our sites it makes commercial sense for us to expand our business focus to incorporate the renewable sector".

Stoerhouse will also be engaged in the development of fuel logistics for these projects.