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Iona Capital to invest £20 million in two new biogas plants

In the UK, specialist bioenergy infrastructure fund manager Iona Capital Ltd (Iona) has announced that it has committed a further GBP20 million (≈ EUR 22.6 million) to construct two new anaerobic digestion plants in the North of England.

According to a statement, the first project is a gas-to-grid plant located near Sand Hutton, York. The Gravel Pit Biogas plant will process around 35 000 tonnes of cattle manures and silage from the local farm and inject over 2 million Nm3 per annum of biomethane into the local gas grid.

The anaerobic digestion (AD) plant is being supplied by PlanET and the biogas will be upgraded using Prodeval’s “Valopur” membrane system. The project is consistent with the Government’s initiatives to encourage renewable energy from waste sources and will qualify under the Renewable Heat Incentive (RHI).

The second project, New Mill Biogas, is located near Easingwold in North Yorkshire. The plant will process 40,000 tonnes of manures and silage from local farms and generate up to 2 MW of electricity which will be exported to the grid network.

In addition, surplus heat from the co-generation unit will be used to dry woodchips for pellet production and that can be used as a renewable fuel in biomass boilers. The plant is being supplied by Williams Industrial Services and the CHP unit by Edina. The plant was pre accredited under the Government’s FiT scheme in October 2015.

Both projects have been developed by JFS and Associates with whom Iona have a long established and close commercial relationship.

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