Developer North Beck Energy has put forward plans to build a £170m energy-from-waste (EfW) centre near Grimsby.
The proposal for the site will be submitted to North East Lincolnshire Council in the new year, with a consultation process now under way with residents.
The EfW has faced increased scrutiny in recent years, with several major contractors running into difficulties on big facilities.
Construction News understands that size of the project in Grimsby is smaller than many of the problematic sites, reducing the potential for spiralling costs and additional work.
North Beck Energy development director James Baker said: “Our privately financed project will create 40 permanent jobs at the new centre which, after tax, will provide a combined employment income of more than £1m per annum in today’s money over its 25 years of operation.
“An average of 350 people will be employed on site during the three-year construction phase.
“This is all good news because this income will go directly into the local economy, in a disadvantaged area which badly needs more jobs and investment.”