Assembly Written Question 12692/17-22
Question: To ask the Minister for the Economy, pursuant to AQW 11548/17-22, to detail (i) the projects included in the scheme and the amount paid out to each; (ii) the projects that continue to pay back loans; and (iii) the amount the Department expects to be repaid out of the £17.8 million in loans issued.
Answer: The aim of the Sustainable Utilisation of Poultry Litter (SUPL) Scheme was to help resolve a significant local environmental and economic issue, and to help Northern Ireland comply with EU nitrates targets to positively impact the poultry sector and the wider Northern Ireland economy. Two companies received support through the SUPL scheme: Glenmore Generation Ltd received £9.3m of support by way of a commercial loan. There have been no repayments received to date. The situation is fluid, however based on the information currently available there is a risk that the loan will not be repaid. Anaerobic Advantage Ltd received £8.5m of support by way of a commercial loan and equity investment. Repayments are ongoing and based on information currently available are due to continue.