In the UK, Kanadevia Inova acquired London-based Iona Capital Limited (ICL), along with a portfolio of 11 renewable gas plants in the UK and a substantial pipeline of projects globally. The landmark acquisition accelerates the evolution of the Kanadevia Inova business beyond Business Development, EPC and plant lifecycle service provider, and into full plant ownership, management, and oversight of Renewable Gas assets through its Asset Management business unit.
The acquisition brings 11 operating biogas plants into the Kanadevia Inova Renewable Gas infrastructure. An additional, substantial pipeline of projects throughout Europe, including the Netherlands and Italy, and also the United States, demonstrates the reach of the new business and its potential for further development in new markets.
ICL was formed in 2011 to facilitate long-term sustainable investing into primary low-carbon infrastructure projects.
Tags: Kanadevia Inova, renewable gas, UK
Category: Fuels
