Deal Overview
Brocklesby Biogas was established in July 2016 and is operated by IMS. The facility is located adjacent to Brocklesby Ltd (“BL”) who provide the feedstock and are the offtake for the heat produced by the CHPs, with the electricity produced currently exported to the national grid.
The facility was designed and constructed by BioConstruct GmbH, a leading German biogas company that has not only built over 200 plants across Europe but also owns and operates AD plants in Germany.
The site benefits from the Renewable Obligation Certificates (“ROCs”) and Renewable Heart Incentive (“RHI”) tariffs, which are 20 year indexed linked subsidies that are part of the government’s programme to support renewable energy projects in the UK.
The facility produces a bio-fertiliser (“digestate”) as a by-product, which is spread on local farmlands. The facility’s digestate is PAS110 accredited, a nationally accepted quality standard.
Investment Name | Brocklesby Biogas Ltd |
Location | North Cave, Brough |
Deal Closed | July 2016 |
Technology | Anaerobic Digestion |
Carbon Savings | 1,357 Tonnes CO2e |
Iona Capital Ltd.
123 Pall Mall
London SW1Y 5EA