Bouygues Energies & Services will build a waste-to-energy power plant in Belfast, Northern Ireland for 202 million euros ($219 million).

The unit will have a capacity of 60 megawatts of thermal energy and 15 megawatts of electricity, according to an e-mailed statement from the company’s French parent company Bouygues SA. It will burn approximately 150,000 tons of locally sourced commercial and industrial waste.

The project is funded by the Full Circle Generation investment fund consisting of developer RiverRidge Energy and investors including the Green Investment Bank, Equitix Ltd. and P3P Partners. Bouygues Energies & Services will operate and maintain the power plant for 17 years.

Construction is planned to begin in January and 20 permanent jobs will be created upon completion. The Bombardier Inc. airplane factory nearby will be the main recipient of the power.

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