JLL advises BayWa r.e. on sale of biomethane plant in Nottinghamshire

JLL has advised BayWa r.e. on the sale of its biomethane plant in Sherwood, Nottinghamshire.

January 11, 2019

The plant has been acquired by John Laing Environmental Assets Group Limited (JLEN). The acquisition is JLEN’s sixth investment in anaerobic digestion (AD) plants the UK.

The plant deploys the most modern technology in Europe and has been operating at full capacity. With its Renewable Heat Incentive (RHI) ceritficate, it benefits from several fixed inflation-adjusted subsidies over 20 years. The plant processes in the region of 40,000 tonnes of agricultural materials per year and has a maximum gas supply capacity of circa 500 cubic meters per hour. The plant has been operational since 2016 and was Baywa’s first AD plant to be installed in the UK.

Christian Bracklow, Managing Director of BayWa r.e. Bioenergy GmbH, said: “Thanks to the high quality standards and durability of modern construction, the plant will help support the energy transition in the UK as the power sector becomes increasingly volatile.

Dane Wilkins, Head of JLL’s Energy & Infrastructure Advisory team, added: “We are delighted to have assisted BayWa r.e. in completing this transaction and realising market leading value. The high level of interest shown for this asset demonstrates the strong investor appetite for de-risked operational AD assets benefiting from the RHI tariff.”