The 15,000m2 facility is to be co-located alongside the Cargill factory in Sas van Grent in the Netherlands and will produce Enough’s Abunda mycoprotein – fermenting fungi using renewable feedstocks to make a sustainable source of food protein.
The investment will initially create 25 new jobs and this will double with plans for more than 50,000 tonnes of capacity by 2027.
Jim Laird, chief executive of Enough, said: “Demand for non-animal protein is forecast to grow at 15,000 tonnes per day for the next 5,000 days. Enough uses technology which is scalable today to contribute towards this protein transition, and work with customers who share our hunger and passion for great tasting products that taste as good as and cost not more than the animal alternative.
“We are extremely privileged to have the support from the Bio-Based industries Joint Undertaking and the strength of some amazing collaborative partners in Project Plenitude to help address this.”
The new facility is one of 11 flagship projects supported by the circular Bio Based Europe Joint Undertaking – a public-private partnership between the EU and the Bio-based Industries Consortium – and has received €16.9m (£14.4m) in funding as part of project Plentitude.
Franck Monmont, managing director for Cargill’s starches, sweeteners and texturizers business in Europe added: “As global demand for protein continues to rise, this collaboration with ENOUGH serves as another avenue to help realize our mission of nourishing the world in a safe, responsible and sustainable way.