JLEN acquires Cramlington Renewable Energy Developments Ltd

LONDON, UK: JLEN Environmental Assets Group Limited announced the acquisition of a 100% equity stake in Cramlington Renewable Energy Developments Ltd (CRED), which owns a Biomass Combined Heat and Power plant and its underlying contracts. The acquisition of CRED, for an undisclosed amount, was made on a debt-free basis and represents JLEN’s first investment into…