In the UK, Palisade Real Assets, a subsidiary of Australia-headed independent specialist infrastructure managers Palisade Investment Partners (Palisade), has announced that it has acquired 100 percent of Malaby Biogas Ltd (Malaby), an organic waste anaerobic digestion (AD) plant located in Warminster, Wiltshire.
The Malaby Biogas Bore Hill Farm plant has been operating since 2012, processes between 500-600 tonnes of organic waste per week and provides around 2 500 houses with renewable power.
The plant is part of the wider bioeconomy that will help the UK achieve its target of net zero emissions by 2050 and was the first plant in England to be certified by the Anaerobic Digestion Certification Scheme for all-round safety, environmental and operational performance.
Launch of BioticNRG
The acquisition of Malaby is the first investment for BioticNRG Ltd (BioticNRG), Palisade Real Assets’ dedicated UK bioenergy platform focused on anaerobic digestion (AD) assets and adjacent infrastructure.
We are pleased to secure this high-quality bioenergy investment on behalf of our clients and BioticNRG. The Malaby team, led by Thomas Minter are industry pioneers, leading the way in providing local, distributed renewable energy, integrated development, and driving practical innovation into the sector, said Stephen Burns, CEO of Palisade Real Assets.
As part of the transaction, we are delighted that Thomas has joined the Palisade Real Assets team. We look forward to working with Thomas to optimize the performance of Malaby and to pursue other high-quality bioenergy infrastructure investments and innovations for BioticNRG, Stephen Burns said.
BioticNRG will also benefit from the best-practice operational and feedstock management capabilities of Palisade Real Assets’ dedicated operational management team, Eco2 Management Services Ltd (EMSL) acquired by Palisade Real Assets in July 2022.
I am thrilled to join the Palisade Real Assets team and to help build out the energy transition ambitions of BioticNRG – we have an exciting pipeline of investment opportunities across the anaerobic digestion value chain. Further, the BioticNRG platform will enable the Malaby team to continue to innovate and optimize – supporting R&D projects, implementing optimization projects, and institutionalizing and promoting the knowledge base of the industry, commented Thomas Minter, Managing Director of Malaby.
