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Overview

• Low-carbon bioenergy generation assets
• Formed through a merger of four ECL portfolio companies
• Benefiting from a single dedicated management team
• Focused on operational performance & consolidation of financial and commercial functions

Enabling Technology

• Generating 3.89 MW of base load renewable energy, enough to power 9,000 homes
• Avoided emissions of 5,000 tonnes of carbon dioxide
• Technology-led efficiency and asset management

Strategy

• Performance improvements via additions to the asset base through a buy and build strategy
• Acquisition and development of new plants and improvement of existing assets
• Install biomass briquette joint venture to produce substitute logs
• On-site opportunities to provide electricity and heat to local industrial estate customers

Global Growth - Market Opportunity

• Bioenenergy output is increasingly important in a volatile market dominated by wind and solar
• Pipeline of opportunities to expand the portfolio through the addition of high-potential assets creating a scalable bioenergy company
• Furthering the UK's ambition to reach Net Zero by 2050
• Potential for future deployment outside of the UK