St. Andrew’s University is to build a £25 million green energy centre on the 36-acre site of a former paper mill at nearby Guardbridge following confirmation of public sector funding.
Hot water from the plant will be pumped underground to heat and cool laboratories and student residences in St Andrews. It will use only wood from sustainable local forests as biomass.
Derek Watson, Chief Operating Officer, said: “Guardbridge represents a major strategic step for the university. This large industrial site lends itself to the creation of a range of renewable energies which are vital for our efforts to remain one of Europe’s leading research institutions.
“We believe the diverse range of potential uses for Guardbridge has the capacity to re-establish this huge site as a key economic centre in Fife.”
More than 200 jobs will be created during the construction phase with the university pledging apprenticeships and encouraging local companies to bid for sub-contracts.
The university is contributing £4 million towards the cost, with the remainder being provided by the Scottish Funding Council and the Scottish Partnership for Regeneration in Urban Centres.