The £74m green energy project will allow the new Macallan distillery to use heat generated by the plant in the form of steam to cut carbon emissions.
|New £100m Macallan Distillery and Visitors Centre due to open in 2017|
Carbon savings from the distillery at Craigellachie will be equivalent to taking 18,000 cars off the road. The project by John Laing and UK Green Investment Bank, will also create over 100 jobs during construction.
Commenting on the news Vince Cable, Business Secretary said: "With £3.8bn of funding, the UK Green Investment Bank has been set up to help businesses make the transition to a green economy right across the country. This investment in Speyside will not only help secure jobs, boost a vital industry and support the local supply chain but also generate renewable energy for homes in Scotland."
Work on the new distillery and visitors centre will now progress and is scheduled for completion in the spring of 2017.
Posted by Steve Rush