Investment fund Miller Turner has revealed it will hold two events next month as part of a consultation into plans for a new energy-from-waste plant in Preston.
The facility, known as the Longridge Road Energy Centre, will be able to process up to 395,000 tonnes per year of waste and have a capacity of 40MWe.
The company said the feedstock would be sourced from "household and business" waste, which could not be recycled, but did not give further details.
Currently, Miller Turner is consulting on the plans until 29 March and two event are planned for the 13 and 14 March to promote the plans in Preston.
The fund says it then expects to apply for planning consent from Lancashire County Council in the spring with a, hopefully positive, decision made by the autumn. The council also told ENDS last week it was in the early stages of looking into a deal to develop its own EfW plant.
Miller Turner says the privately funded plant will cost £200m (€229m) to develop in the Red Scar Industrial Estate on the edge of Preston.
The plant, which could potentially also supply heat, aims to send electricity to businesses and other nearby users either by private wire or to the electricity grid.
Waste sourced for the plant will be refuse currently destined for landfill, according to Miller Turner.
The company does not appear to give a timeline for construction on the plant’s website, but says the project will create up to 500 construction jobs and 40 permanent jobs once it is completed.