Left to right: Ian Bainbridge of Agricore; Adam Warren of Warren ABP; Katy Cheung of UNW; Mark Simpson of UNW; and Antony Warren of Warren ABP
A new biogas energy plant is set to make a major contribution to renewable energy production in the North East.
Emerald Biogas has chosen County Durham to locate its anaerobic digestion facility, which will be capable of producing 1.4MW of electricity per annum from food and farm waste.
A corporate finance and tax team from business advisors UNW advised Emerald on the £8m financing deal for the plant, and a team from Ward Hadaway provided legal advice.
Emerald’s directors and shareholders have a solid track record in farming, waste and recycling.
Brothers Antony and Adam Warren already run a successful family-owned animal by-product, food waste collection and recycling business, John Warren (ABP); and Ian Bainbridge owns a diverse farming, land and resources management and plasterboard recycling business called Agricore.
Read more : http://bdaily.co.uk/news/environment/08-08-2012/biogas-plant-for-north-east-after-8m-financing/
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