The UK’s green bank has invested £28 million in a new energy-from-waste power plant in Scotland.

The 14.1MW plant at Millerhill is the Green Investment Bank’s (GIB) 18th investment in the country.

The £142 million facility has the capacity to process up to 155,000 tonnes of non-recyclable waste from local residents into 94,000MWh of electricity each year.

It is expeced to help reduce greenhouse gas emissions by 30,000 tonnes per year, equivalent to removing 13,800 cars from the road over the project’s lifespan.

The plant will be combined heat and power (CHP) ready, meaning it has the potential to channel its waste heat into nearby homes and businesses.

Edward Northam, Head of Investment Banking at GIB, said: “We are supportive of steps taken in Scotland to drastically reduce the amount of waste sent to landfill.

“It’s important that materials are re-used and recycled wherever possible but it’s equally important that infrastructure is developed to increase the amounts of energy recovered from waste that can’t be reprocessed. The Millerhill plant will aid that process greatly and help ensure landfilling in Scotland continue to fall.”