Foresight closes acquisition of 2.5 MW AD plant in Isle of Wight, UK
Foresight Group has announced that it has completed the acquisition of an operational Anaerobic Digestion plant on the Isle of Wight, located off the south coast of England, for an undisclosed sum.
The 24-acre site at Arreton has a CHP plant to provide 250kW of electrical power generation capacity to power the facility (and related waste heat use), c.580 Sm3 (standard cubic metres) per hour of biomethane export capacity to grid (plus related CO2 sales) and capacity to process in excess of 50,000 tonnes per annum of energy crops whilst benefiting from feed-in-tariff (FIT) and Renewable Heat Incentive (RHI) revenue.
This acquisition adds to Foresight's market-leading AD portfolio, which includes 20 greenfield and operational AD plants across the UK and an additional five operational plants in Germany with a combined capacity of 36.5 MW.
Country updates
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