06/06/2019
AMBERSIDE SUPPORTS BIO CAPITAL IN FINANCIAL CLOSE OF ANAEROBIC DIGESTION PLANT AT GRANVILLE ECO PARK
Leading corporate finance practice to the infrastructure and energy sectors, Amberside Advisors Ltd, have worked with Bio Capital, to reach financial close on the Granville Eco Park project on 8 May 2019.
Neil Rutledge, director of Amberside Advisors Ltd, commented:- “Amberside Advisors Ltd is delighted to have advised Bio Capital throughout the acquisition of another significant asset to their growing Anaerobic Digestion portfolio.”
Ross Cooper, director of Bio Capital, said: “We engaged Amberside to provide us with acquisition support of a large-scale anaerobic digestion plant in Northern Ireland. The transaction was very delicate, and the deal evolved rapidly throughout several periods of commercial negotiation. Amberside were able to navigate through the complexity of the transaction and model challenging financial concepts to give us confidence in the asset's valuation. They were able to understand the key issues that arose and identified matters that supported our interest.”
Granville Eco Park (GECO):
• Acquired under the Bio Capital platform, a joint venture between Equitix, Aurium and Helios.
• An Enhanced Anaerobic Digestion Facility based in Dungannon, Northern Ireland.
• It was the first AD plant in the UK to achieve certification under the Anaerobic Digestion Certification Scheme (ADCS), recognising good working practices in operational, environmental and health & safety performance.
