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…
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JLEN acquires Codford Biogas for an initial upfront payment of £19.8 million
LONDON: JLEN Environmental Assets Group notified the acquisition of a 100% equity stake in Codford Biogas Limited (CBL). CBL holds the rights and operational assets that make up the Codford anaerobic digestion (AD) plant, a 100,000 tonnes per annum food waste permitted plant based in Wiltshire, UK. The acquisition is structured as an initial upfront…