JLEN closed acquisition of 5 MW AD plant in UK
Environmental infrastructure fund John Laing Environmental Assets Group (JLEN) has completed the acquisition of Merlin Renewables, located in Hibaldstow, North Lincolnshire, UK.
The facility, consists of 5 MWth biomethane plant and a 0.5 MWe combined heat and power engine plant, was acquired from Venture Capital Funds managed by Downing and minority shareholders for GBP18.1 million (USD23.3 million).
Future Biogas will continue to provide management, operations and maintenance services to the anaerobic digestion plant following the acquisition. The deal is the fourth AD facility acquired by JLEN in UK.
Country updates
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August 13, 2018
Innogy agrees sale of 41% stake in Triton Knoll offshore wind project to J-Power and Kansai Electric Power
Innogy has signed an agreement with Electric Power Development Co., Ltd. (known as J-Power) and Kansai Electric Power for the offloading of 25% and 16% stakes, respectively, in the...
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August 07, 2018
NextEnergy Solar Fund completes acquisition of 282 rooftop PV plants in UK
NextEnergy Solar Fund has completed the acquisition of 282 solar photovoltaic (PV) plants with a combined capacity of 1.15 MW in UK. The transaction represents the second acquisition of a...
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August 06, 2018
Foresight Solar Fund closes acquisition of 114 MW solar portfolio
Foresight Solar Fund has completed the acquisition of the entire interest in a portfolio of 15 operational solar assets in the UK with a total installed capacity of 114 MW for a consideration of...
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August 06, 2018
L&G approves US$260 million financing for gas pipeline in Northern Ireland
Mutual Energy has secured GBP200 million (US$260.0 million) financing from Legal & General to cover construction costs of the Gas to the West project. This involves the delivery of an 80...
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August 03, 2018
ERG acquired Creag Riabhach wind farm in UK Highlands
Through its subsidiary, ERG has finalised the acquisition of the 100% equity interest in the 79 MW Creag Riabhach Wind Farm located in Scotland. Construction works of the wind farm ar...
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