Foresight acquires five operational AD plants in Germany

Foresight
July 03, 2018
Written by Foresight
July 3, 2018 - Foresight Group, a leading infrastructure and private equity investment manager has acquired 100 per cent of the shares in a portfolio of five operational anaerobic digestion plants from Lindhorst Gruppe, a family-owned group of companies.

The acquisition signals Foresight’s appetite for bioenergy and wider renewable energy assets in the German market.

In total the plants export 17 MWe – equivalent of electricity and biomethane and in addition sell heat and certified biofertiliser, whilst benefiting from the German EEG renewable subsidy.

Minal Patel, partner at Foresight said, “We are delighted to have grown our Anaerobic Digestion portfolio with this acquisition from Lindhorst Gruppe. This deal marks Foresight’s expansion into the European AD sector and further consolidates our strong market position in the UK and Europe.”

Dirk Wenzel, CEO Lindhorst Gruppe, added: “We are pleased to have found a professional partner in the Foresight Group, who will continue and develop the regenerative biogas portfolio with the same sense of responsibility as we did. We ourselves will continue to work in the field of renewable energies and will make further investments.”

With this acquisition, Foresight strengthens its renewable energy portfolio to 20 AD plants in the U.K. and Germany, generating 154 MW of clean renewable energy.

Add comment


Security code
Refresh

Subscription Centre

 
New Subscription
 
Already a Subscriber
 
Customer Service
 
View Digital Magazine Renew

Most Popular

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.