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Alliance & Leicester to arrange finance for planned £100m recycling plant

Finance for a planned £100 million Merseyside waste treatment and power generation plant will be arranged by Alliance & Leicester Commercial Bank (A&LCB). The Hooton Park plant is at the planning consent stage and if approved will be built, owned and operated by Biossence, with completion expected in 2009. When finished, the plant will process 400,000 of municipal waste a year and will use a range of technologies including autoclaving and electricity generation. The site is near the Manchester