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Macquarie Capital Principal Finance bolsters UK biogas platform, Adapt Biogas, with new acquisition
Macquarie Capital Principal Finance (Macquarie Capital) has today announced the majority acquisition of Evercreech Renewable Energy Ltd (Evercreech) – a greenfield anaerobic digestion development in the United Kingdom (UK).
Macquarie Capital’s investment will fund the end-to-end construction of the plant, which is expected to begin injecting green gas into the UK’s national gas network by early 2022. It will become part of Macquarie Capital’s existing Adapt Biogas portfolio – doubling its capacity of gas to grid biomethane. The combined portfolio will produce enough energy to cover the annual gas consumption of over 5,600 UK homes.