Ancala Bioenergy acquires Biogen
One of the UK's largest biowaste processors and biogas plant operators Biogen (UK) Ltd has announced that it has been acquired by Ancala Bioenergy Ltd, an infrastructure investment vehicle managed by Ancala Partners LLP.
Established in 2005 by Bedfordia Chairman, John Ibbett, Biogen currently operates seven anaerobic digestion AD plants in the UK. These plants recycle a quarter of a million tonnes of food waste annually from supermarkets, food manufacturers, the hospitality industry and local authorities to produce 13 MW of renewable energy and a nutrient-rich biofertiliser.
The company was purchased for an undisclosed sum from joint venture shareholders Bedfordia Group and Kier Group.
– The acquisition is another exciting milestone in Biogen’s history which further enhances the company’s reputation as the number one food waste to renewable energy company in the UK. The investment is excellent news for Biogen and marks the next stage of growth for the business, said Adam Feneley, recently appointed Managing Director for Biogen in a statement.
Ancala Bioenergy Ltd is an infrastructure investment vehicle managed by Ancala Partners LLP. The successful completion of the sale will mean further growth opportunities for Biogen and provide an established platform for Ancala’s expansion in the waste-to-energy sector.
– Biogen is well known in the industry as one of the leading owners and operators of anaerobic digestion plants. The team has over ten years of experience in the sector and their operational excellence and commercial reach provide Ancala with an established platform from which to expand in the sector, said Spence Clunie, Managing Partner, Ancala Partners LLP.
– I am immensely proud of all Biogen has accomplished in its 11 years, of the market-leading business we have built and of the team of people who have made it possible. Biogen has always led the way for others to follow in the AD industry and I have every confidence that the new shareholders will enable Biogen to continue in its success, said John Ibbett, Chairman, Bedfordia Group.