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Deal Overview
MBL reached financial close in July 2016. MBL purchased a biomass CHP plant and drying infrastructure to enable it to dry FSC certified wood chip to be used to manufacture wood pellets and Briquettes.
The premise of the investment was that MBL would dry wood chip for Newbridge Energy which would be the manufacturing centre for pellets and Briquettes. MBL receives the government subsidies associated with the drying process.
The biomass CHP was provided by Uniconfort srl, an Italian company with over 60 years’ experience in the technological sector of solid biomass energy transformation. The drying equipment was provided by Stela Laxhuiber GmbH, that has for nearly 100 years supplied over 4,000 dryers to clients in over
60 countries worldwide.
Once operational the MBL equipment will produce 16,000 tonnes per annum of dried wood chip for pellet and Briquette production..
Investment Name | Mochdre Biomass Ltd |
Location | Mochdre, Denbighshire |
Deal Closed | July 2016 |
Technology | Biomass Combined Heat and Power |
Carbon Savings | N/A |
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