Aviva Investors closes acquisition of Hooton EfW
Aviva Investors has closed the acquisition of the Hooton Bio Power facility, a 25 MW greenfield project, for an undisclosed sum.
The Hooton Bio Power facility - which is located in Hooton, Cheshire - will be delivered by renewable energy developer CoGen and power facility specialist Burmeister & Wain Scandinavian Contractor (BWSC).
Once operational, the Energy from Waste (EfW) gasification facility will generate enough electricity to power more than 40,000 homes annually in the UK. The facility is scheduled for completion in the second half of 2021.
Infrastructure accounts for around £7bn (USD9.07491 bn) of Aviva Investors’ £37bn (USD47.9674 bn) reals assets platform. The Hooton Bio Power transaction is the manager’s fourth equity investment in biomass/EfW.
Country updates
-
-
November 09, 2018
US$400 million offshore transmission project in the UK reaches financial close
Transmission Capital Partners (TCP), a consortium comprising International Public Partnerships Limited (INPP), Amber Infrastructure Group and Transmission Investment, has successfully r...
Read more -
November 08, 2018
Toshiba to withdraw from Moorside nuclear
Toshiba announced its intention to withdraw from the nuclear power plant construction project in the UK, NuGeneration Limited (NuGen) and to take steps to wind-up the business. The announcement comes...
Read more -
November 08, 2018
Construction begins at 25 MW biomass project in UK
Aviva Investors has acquired the 240,000 tonnes capacity gasification facility which is being developed by CoGen in Hooton, Cheshire. The gasification technology was provided by Japanese firm Kob...
Read more -
November 07, 2018
SIMEC Atlantis advances plans for world’s first power station conversion from coal to 100% waste derived fuel
SIMEC Atlantis Energy Limited has announced that it is advancing its flagship Uskmouth Power Station conversion project in Wales. The power station will be converted from coal power to generate el...
Read more -
November 07, 2018
UK energy authority grants licence for Dudgeon offshore wind farm transmission link
Ofgem, the independent energy regulator for Great Britain, has granted a licence to TC Dudgeon OFTO plc to own and operate the £297.9 million (US$341 million) high-voltage transmission link...
Read more
