LONDON, UK: JLEN Environmental Assets Group Limited announced the purchase of the remaining 30% shareholding in Bio Collectors Holdings Limited (“BCH”) for a total consideration of £8.0 million, taking its ownership in the business to 100%. BCH, through its subsidiary companies, holds the rights and operational assets that make up an anaerobic digestion (“AD”) plant…
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JLEN Environ acquires 70% stake in Bio Collectors
LONDON: JLEN Environment, the listed environmental infrastructure fund, acquired 70% equity stake in Bio Collectors Holdings Limited. The acquisition was funded by a draw-down on JLEN’s revolving credit facility. BCH, through its subsidiary companies holds the rights and operational assets that make up the anaerobic digestion (AD) plant and the Bio Collectors waste collections business.…