Biogen expands operations with Scottish biogas plant acquisition
Biogen (UK) Ltd, one of the UK's largest biowaste processors and biogas plant operators has announced that it has expanded its operations with the acquisition of the 1.5 MW Millerhill anaerobic digestion (AD) facility in Edinburgh, Scotland. The acquisition has been completed by Ancala Partners LLP (Ancala), the independent mid-market infrastructure investment manager, from Kelda Water Services for an undisclosed sum.
According to a statement, the Millerhill facility will be integrated into Biogen’s existing network of food waste recycling sites, strengthening the company’s position as a leading owner and operator of anaerobic digestion plants in the UK.
The Millerhill facility is an excellent asset serving an important market. By being integrated into our Biogen platform it will benefit from the resources and expertise of the Biogen team. This acquisition is another example of our ability to secure add-on investments to our platforms and promote businesses that benefit local communities, said Spence Clunie, Managing Partner, Ancala Partners.
The facility is an important long-term component of the Zero Waste Plan being delivered by The City of Edinburgh Council and Midlothian Council to meet the Scottish Government target of no more than 5 percent of waste being sent to landfill by 2025.
Food waste collected by the two partner councils plus additional waste from local businesses and industries are recycled at the facility. Biogas produced from the plant is used in a gen-set supplying electricity to the power grid whereas the digestate is a PAS110-certified biofertilizer.
The Millerhill facility is an ideal addition to the Biogen portfolio and marks the first step of growth for the business since we became a part of Ancala last year. We look forward to working with the Edinburgh and Midlothian councils to facilitate their recycling targets, benefiting both the local community and wider Scottish environment, said Adam Feneley, Managing Director at Biogen.