Two new biogas plants to be funded by Iona

Article Quick-Links

Iona Capital (“Iona”), a leading environmental investor, has committed a further £20m to construct two new Anaerobic Digestion plants in the North of England.

Gravel Pit Biogas, is a gas to grid plant located near Sand Hutton, York. The plant will process circa 35,000 tonnes of cattle manures and silage from the local farm and inject over 2m cubic metres per annum of biomethane into the local gas grid. The AD plant is being supplied by PlanET and the biogas will be upgraded using Prodeval’s “Valopur” membrane system. The project is consistent with the Government’s initiatives to encourage renewable energy from waste sources and will qualify under the Renewable Heat Incentive. Anaerobic Digestion allows the extraction of a significant energy value from each tonne of feedstock slurry processed yet still using the residue as valuable fertilizer.

New Mill Biogas is located near Easingwold in North Yorkshire. The plant will process 40,000 tonnes of manures and silage from local farms and generate up to 2MW of electricity which will be exported to the grid network. In addition surplus heat from the CHP will be used to dry wood chip pellets that can be used as a renewable fuel in biomass boilers. The plant is being supplied by Williams Industrial Services and the CHP by Edina. The plant was pre accredited under the Government’s FiT scheme in October 2015.

Both projects have been developed by JFS and Associates with whom Iona have a long established and close commercial relationship.

Share:

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email

Shawton Energy Ltd

Deal Overview Shawton Energy Limited (SEL) is a solar pv installer with a significant pipeline of rooftop solar projects to supply businesses with renewable electricity.

Read More »

Wray House Biogas

Deal Overview Wray House Biogas was established in July 2014. The AD plant was supplied by PlanET and generates in excess of 400MWh of electricity

Read More »

Article Quick-Links

What Next?

for Investors

Are you an institutional investor looking for a new sustainable investment opportunity? Let us make the case for Iona — just click the link below to learn more about what drives our success.

for Developers

Do you have a sustainable technology that pushes innovation and helps our environment? If so, discover if your company fits in with our investment portfolio. Who knows, we could be working together before you know it.

On Key

Related Posts

Shawton Energy Ltd

Deal Overview Shawton Energy Limited (SEL) is a solar pv installer with a significant pipeline of rooftop solar projects to supply businesses with renewable electricity.

Wray House Biogas

Deal Overview Wray House Biogas was established in July 2014. The AD plant was supplied by PlanET and generates in excess of 400MWh of electricity

Sign Up To Our Newsletter

Are you interested in learning more about Iona? 

Why not have our Q3 newsletter delivered straight to your inbox?