Fisher German, working as joint agents with BCM surveyors, acted on behalf of an entrepreneurial consortium to sell the site.
The 24-acre site at has a CHP plant to provide 250kW of electrical power generation capacity to power the facility (and related waste heat use), c.580 Sm3 (standard cubic metres) per hour of biomethane export capacity to grid (plus related CO2 sales) and capacity to process in excess of 50,000 tonnes per annum of energy crops whilst benefiting from FIT and RHI revenue.
Foresight Group purchased the site to add to its portfolio of renewable energy plants, and has established a market leading position in AD having previously invested in 25 greenfield and operational AD plants in the UK and Germany
David Kinnersley, Associate Director at Fisher German, said, “I assisted the consortium in 2013 when they were originally looking to finance the project, and then last autumn they expressed an interest in selling the site.
“Anaerobic Digestion facilities do not come to the market often, and we had a high level of interest particularly as the business is well run. We are very happy to conclude the sale of the site, achieving a very good result for our client.”
