Evermore Renewable Energy, a subsidiary of the Evermore Group, is a Northern Ireland based company established in 2009.
The Evermore Group was established to initiate, develop and finance strategic infrastructure projects across the UK and Europe. Evermore Renewable Energy specifically develops, finances, and owns renewable energy projects across the UK and Europe.
The Lisahally Combined Heat and Power Station is the first project, out of a pipeline of projects, to be developed, funded and constructed by Evermore.
Evermore utilises its project development, industry expertise and financing skills, combined with the support of its strategic advisers, to develop businesses that can provide low carbon electricity. Evermore Energy currently have a number of large scale low carbon energy projects under development at various stages across Ireland and the UK.
Evermore Renewable Energy is a young and dynamic company that prides itself in working with motivated and dynamic people who are keen to add value and bring expertise to the development of their renewable energy projects. Here are some of the organisations that we have worked with in the past. If you would like to work with Evermore Renewable Energy or if you have a project that you feel we may be interested in please get in touch at firstname.lastname@example.org.
Evermore Renewable Energy currently manages a portfolio of locally embedded projects in the renewable energy sector. Their first project is the Lisahally Combined Heat and Power Station. This plant is the largest renewable energy project in Northern Ireland and represents a significant strategic investment in the North West. It generates 15.8 MWe, the equivalent of enough energy to power 25,000 homes and businesses in the area.
Evermore Renewable Energy, advised by KPMG Corporate Finance Belfast, secured the £81m of funding from the UK Green Investment Bank through Foresight Group’s managed fund, UK Waste Resources and Energy Investments (“UKWREI”), in which GIB is a cornerstone investor. Partner funders include GCP Infrastructure Fund Ltd, Burmeister & Wain Scandinavian Contractor A/S (BWSC), Investec Bank, and Eksport Kredit Fonder.
EVERMORE are committed to continual improvement and operate an IMS (Integrated Management System) to pursue excellence in Quality (ISO 9001), The Environment (ISO 14001) and Health & Safety (OHSAS 18001). This IMS provides our Company with maximum efficiency and quality in providing organised systems that are adopted which work to improve our business. The benefits to our Clients,Customers and Stakeholders is improved quality of service. Annual independent audits demonstrates EVERMORE’s commitment to quality, health & safety and the Environment.
Winner of the ‘Deal of the Year’ – Sponsored by the University of Ulster
Evermore Renewable Energy, a company led by two local entrepreneurs, secured £81m of project finance for a waste-wood fuelled biomass power plant in Lisahally Port, Derry has been named the 2014 Deal of the Year at the recent Insider Awards. Evermore Biomass project represents a landmark transaction for Northern Ireland and for the North West of NI. What impressed the judges most was the fact that this was only the second biomass project to successfully receive funding in the whole of the UK and involved advisers from Northern Ireland. They also noted the significance of the renewable sector for Northern Ireland. Advisers were KPMG, Carson McDowell and Investec.
Winners of the Chamber of Commerce ‘Entrepreneur of the Year’
Brothers Ciaran and Stephen Devine of Evermore Renewable Energy are the well deserved joint winners of the title ‘Entrepreneur of the Year’ for 2014.
The project is an important addition to the infrastructure of the North West and marks a valuable step on the road towards making the region self-reliant in energy terms.Sinead McLaughlin, chief executive of Londonderry Chamber of Commerce, said: “Ciaran and Stephen Devine and the Evermore Renewable Energy tick so many boxes as far as this year’s awards are concerned.The brothers have developed a renewable energy project using state-of-the-art technology that will reduce Northern Ireland’s dependency on fossil fuels.
Evermore Renewable Energy have worked hard for several years to develop the biomass renewable power plant which is now being built on a site at Lisahally.
“The brothers are true entrepreneurs. They had an innovative idea, they have used innovative technologies and they have pursued their vision with enterprise and determination. In doing so, they are creating a business that could become one of enormous importance to the city and region