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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
2m tonnes: Stobart biomass target

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Engineering and infrastructure play Stobart (STOB) says it is on track to deliver 2m tonnes of waste wood biomass fuel by 2018.
Biomass is a key part of Stobart’s aim to deliver £40m in earnings before interest, tax, depreciation and amortisation (EBITDA) from its Energy and London Southend Airport assets by 2018.
Stobart, which also owns a 49% stake in the logistics business of the same name, aims to produce 50% of the biomass it is under contract to supply through its own facilities. Plant is under construction in Widnes, Tilbury, Yorkshire and the North East.
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