BioticNRG acquires Evercreech Renewable Energy
In the UK, Palisade Real Assets-owned UK-based bioenergy platform BioticNRG has acquired Evercreech Renewable Energy for an unspecified sum. Evercreech, an organic waste anaerobic digestion technology plant located in Shepton Mallet, Somerset, provides the equivalent of up to 8,000 homes with UK-produced green gas.
The Evercreech acquisition is the latest anaerobic digestion (AD) addition to the APG-backed BioticNRG platform, bringing its portfolio to nine across the UK. The BioticNRG sites operate as gas-to-grid facilities, supplying gas into the National Grid and biogenic CO2 to local consumers. BioticNRG also provides full site management operational services for an additional four third-party-owned AD plants, and it owns five compost sites across the Midlands and East of England.
Category: Fuels
