Renewable energy firm Energos Holdings has acquired energy-from-waste business BioGen Power through a share swap arrangement.
Energos, which is gasification technology partner to BioGen Power and already had a 28% shareholding in the business, now owns 100% of it, and released shares in itself to the former BioGen Power owners as part of the agreement.
The deal brings together six fully consented UK sites totalling 60MW of generating power and waste treatment capacity of 650,000 tonnes, with additional sites in development.
Gasification specialist Energos, part of the Ener-g Group, has also developed seven gasification-from-waste facilities across Northern Europe.
Nick Dawber, managing director of Energos, said: “The combined portfolio of development-ready sites and pipeline of opportunities - now under the control of Energos - provides an exciting opportunity to deliver a UK network of small-scale advanced thermal conversion plants.
“This offers commercial waste operators a proven, cost effective, environmentally friendly alternative to mass-burn incineration and landfill for their non-recyclable, non-hazardous waste streams.”
Energos expects to start construction on two of its six approved sites in 2012, with the remaining sites in the following two years.
The consented sites are at: Knowsley, Merseyside; Irvine, Scotland; Newport, South Wales; Barry, South Wales; Doncaster, Yorkshire; and Bradford, Yorkshire.