The UKs anaerobic digestion (AD) industry is set to change significantly as AD operator Biogen acquires technology provider Greenfinch.
The two businesses will merge to form BiogenGreenfinch to deliver a fully integrated AD solution to the agricultural, food, waste and water industries and to local authorities.
Biogen builds, funds and operates AD plants which convert food waste and animal slurry into renewable electricity and a valuable biofertiliser.
Interest in AD has increased enormously over the past two years because of its strong credentials as a low carbon technology, addressing the challenges of landfill diversion, energy costs, fertiliser costs and resource management, said BiogenGreenfinch technology director Michael Chesshire.
Chesshire added: Britain needs a strong home grown AD industry and BiogenGreenfinch brings together the expertise and resources of two pioneering companies which have invested heavily in the development of the technology for food waste, for agriculture and for the water industry.
Former Environment Minister Joan Ruddock described AD as the way forward and the Government has pushed for AD in its new technologies demonstrator programme (See MRW, August 21)
BioGreenfinch chief executive Dan Poulson said: This is an exciting milestone for both companies. BiogenGreenfinch has secured funding from Bedfordia Group which has invested a total of £18m to develop the business. The consolidation of two such complementary businesses enables a significant increase in research and development investment, improving further on the second generation AD plant currently under construction and 10 further plants in development.