Biogen acquires anaerobic digestion plant in South West England
Biogen (UK) Ltd, a leading owner, and operator of anaerobic digestion (AD) plants in the UK and AD portfolio platform led by Ancala Partners LLP (Ancala), has acquired a 1.1 MW operational AD facility located in Weston-super-Mare, Somerset from Enovert Ltd for an undisclosed sum.
Although only formed in January 2017, Enovert Ltd has its roots within the former landfill and gas division of the Cory Environmental group, one of the UK’s foremost landfill site operators. Enovert currently operates 14 landfill sites all of which have landfill gas (LFG) extraction that is used to produce power for the grid.
Enovert is very proud of what we have achieved with the Weston-super-Mare anaerobic digestion facility, which we originally designed, built and operated. We are delighted with the sale to Biogen, an experienced operator of anaerobic digestion plants, and we look forward to developing a close working relationship with them post this transaction, said Mark Silvester, CEO, Enovert.
The facility is an important component of a broader waste management and food recycling programme in the region, with discarded food waste collected from the local area as well as additional waste from local businesses. The produced biogas is used in a combined heat and power (CHP) engine unit that generates enough renewable green electricity to power approximately 2 000 homes. In addition, the facility converts food waste into a nutrient-rich biofertiliser.
This is an ideal addition to the Biogen portfolio and provides exposure to a new geographic region for the business. We look forward to working in partnership with Enovert to improve recycling targets and increase renewable energy generation for the benefit of the local community and stakeholders, said Adam Feneley, Managing Director, Biogen.
The UK Government is preparing to roll-out the circular economy package, which would limit waste sent to landfills at 10 percent of total arisings and increase recycling rates to 65 percent by 2035 for all municipal waste. Anaerobic digestion is an important component in achieving these goals as it recycles food waste into environmentally-friendly electricity, heat, and fertiliser. Ancala and Biogen actively support this vision.
The Weston-super-Mare facility is a high-quality asset serving an important community. Its integration into our Biogen platform will mean it can benefit from resources and expertise of the team. This acquisition demonstrates our ability to secure add-on investments and promote businesses that benefit local communities, commented said Spence Clunie, Managing Partner, Ancala Partners LLP.