£14.8m energy plant investment signals a bright future for green gas
A major investment in an anaerobic digestion (AD) plant on the Norfolk-Suffolk border signals the long-term viability of green gas, an expert said.
Listed environmental infrastructure fund JLEN has announced the acquisition of Warren Power Ltd, which runs an AD plant at Methwold, near Thetford.
The £14.8m deal marks the second AD plant in East Anglia to be bought by JLEN, which also owns the Egmere Energy plant in north Norfolk.
JLEN says its investment policy is to "invest in environmental infrastructure projects that have the benefit of offering its investors long-term, predictable, inflation-linked cash flows supported by long-term contracts or stable regulatory frameworks".
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