Palisade Real Assets has acquired 100% of Malaby Biogas Limited in Warminster, Wiltshire.
Malaby has been operating since 2012, processes up to 600t of organic waste per week and provides around 2,500 houses with renewable power. It was the first plant in England to be certified by the Anaerobic Digestion Certification Scheme.
The acquisition is the first investment for BioticNRG Ltd, Palisade Real Assets’ dedicated UK bioenergy platform focused on anaerobic digestion assets and adjacent infrastructure.
Stephen Burns, CEO of Palisade Real Assets, said: “We are pleased to secure this high-quality bioenergy investment on behalf of our clients and BioticNRG. The Malaby team, led by Thomas Minter are industry pioneers, leading the way in providing local, distributed renewable energy, integrated development and driving practical innovation into the sector.”
Thomas Minter, managing director of Malaby, who is joining Palisade Real Assets, said: “I am thrilled to join the Palisade Real Assets team and to help build out the energy transition ambitions of BioticNRG – we have an exciting pipeline of investment opportunities across the anaerobic digestion value chain.”