Indaver reaches financial close on Rivenhall EfW project
Waste management company Indaver has reached financial close on the planned Rivenhall energy-from-waste (EfW) project in Essex.
Indaver will design, build, and operate the Rivenhall EfW project that can accommodate up to 595,000 tonnes per year of waste. The project can generate up to 49.9 MWe.
PwC serves as the financial adviser to Indaver while Herbert Smith Freehills provided legal and Fichtner, ARUP, and RPS for the technical aspect of the transaction. About GBP500 million (US$678.3 million) of investment is needed to realize the project.
Commissioning of the Rivenhall EfW is expected by 2025.
Country updates
-
-
January 18, 2021
E.ON completes deal to acquire stake in Eco2Solar
E.ON has completed the agreement to buy a 49% share of Eco2Solar, a UK market leader in residential solar energy for property developers and new-build housing. Founded in 2007, Eco2Solar wo...
Read more -
January 12, 2021
TortoiseEcofin launches Ecofin US Renewables Infrastructure Trust with US$125mn initial commitment
TortoiseEcofin, previously known as Tortoise Capital Advisors, has launched a new infrastructure fund that focuses on renewable energy and sustainability investments. The Ecofin US Renewab...
Read more -
January 12, 2021
Practical completion starts in ITM Power Gigafactory in Sheffield
ITM Power, an energy storage and clean fuel company, has announced the update on the fit out and opening of the Company’s first Gigafactory at Bessemer Park in Sheffield. The fit-out of t...
Read more -
January 07, 2021
Gresham House buys 30 MW Bryers Brae battery storage project
The UK's largest operational utility-scale battery storage fund, Gresham House Energy Storage Fund Plc has signed a conditional agreement to acquire Byers Brae project, a 30 megawatts battery project...
Read more -
December 29, 2020
SSE divests gas exploration and production assets
SSE plc has agreed to sell all of its interests in its portfolio of gas exploration and production (E&P) assets to Viaro Energy via its subsidiary RockRose Energy Limited for a total consideration...
Read more
