Greencoat enters deal for the sale of 41.8 MW Margam biomass plant in South Wales

Greencoat Capital has entered into an agreement to acquire 100% of Margam Green Energy Plant (MGEP), a waste wood-fired biomass plant located in Port Talbot, South Wales, from Glennmont Partners (Glennmont). 

MGEP has been operational since May 2019 and is one of the largest biomass plants in the UK, with a processing capacity of around 290 thousand tonnes per annum (ktpa) of waste wood. The plant’s net capacity of 41.8MW is sufficient to offset around 150,000 tonnes of CO2 per year.