Bio-fuel giant extends British buying spree after Edinburgh acquisition

The Millerhill bio-waste power plant in Edinburgh
The Millerhill bio-waste power plant in Edinburgh

The bio-fuel power company which last month bought the Millerhill anaerobic digestion plant near Edinburgh yesterday extended its corporate buying spree.

Biogen –  a portfolio company of Ancala Partners LLP (‘Ancala’), the independent infrastructure investment manager – has acquired Tamar Energy, one of the largest anaerobic digestion (AD) operators in the UK, for an undisclosed sum.

A number of Tamar Energy’s existing shareholders have rolled-over their investment into the combined group. The acquisition creates one of the largest independent AD platforms in the UK.

The Biogen combined group operates a network of 13 AD power plants and six composting sites located across England, Scotland and Wales. These recycle over half a million tonnes of food waste each year and provide green electricity generation of 25MW.

8 Feb 2018

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