JLEN enters anaerobic digestion sector
John Laing Environmental Assets Group (JLEN) has entered the anaerobic digestion sector for the first time, with the acquisition of Vulcan Renewables.
Vulcan Renewables has been acquired for a total consideration, including working capital, of £15.3 million. JLEN has made the acquisition in partnership with experienced operator Future Biogas.
An environmental infrastructure investment fund listed on the London Stock Exchange, JLEN has investments in projects in the UK and France. The fund’s portfolio includes wind, solar, waste and wastewater projects, as well as the new biogas addition.
Vulcan is a renewable energy partnership developing a sustainable site in Hatfield, Woodhouse.