Source: HeatingAndVentilating.net - http://www.heatingandventilating.net/
UK clean energy recovery from waste business Energos Holdings, part of the ENER-G group, has acquired waste to energy business BioGen Power through a share swap arrangement.
Energos, which is gasification technology partner to BioGen Power and already had a 28 per cent shareholding in the business, has released shares to the former BioGen Power owners as part of the reciprocal agreement.
This brings together a joint portfolio of six fully consented UK sites, with a total generating capacity of 60MW and waste treatment capacity of 650,000 tonnes, plus additional sites in the development pipeline.
In addition, the seven previously developed Energos gasification from waste facilities across Northern Europe, have a combined operating experience of almost 500,000 hours over a 15-year period.
Nick Dawber, Managing Director of Energos, said: "The combined portfolio of development-ready sites and pipeline of opportunities - now under the control of Energos - provides an exciting opportunity to deliver a UK network of small-scale advanced thermal conversion plants. This offers commercial waste operators a proven, cost effective, environmentally friendly alternative to mass-burn incineration and landfill for their non-recyclable, non-hazardous waste streams."
BioGen Power has closed its Blackpool office, with staff relocating to Energos' headquarters in Warrington, Cheshire.