Sustainable Energy Holdings Ltd. merges four energy companies into one

August 17, 2022 |

In the UK, Earth Capital Limited has announced the launch of its new company, Sustainable Energy Holdings Limited, formed of a merger of four of its portfolio companies, all low-carbon bioenergy generation assets: Eccleshall Biomass, Limelight Energy, Black Dog Biogas and Bright Light Energy Ltd.

These UK-based biomass-fuelled renewable energy plants will now benefit from a single dedicated management team which will focus on operational performance, and a consolidation of financial and commercial functions. Together, these facilities will generate 3.89 MW of base load renewable energy, enough to power 9,000 homes and will avoid the emission of 5,000 tonnes of carbon dioxide.

In the medium term, SEHL will improve performance via additions to the platform’s asset base through a buy-and-build strategy, which will encompass the acquisition and development of new plants and the improvement of existing assets. A pipeline of possible opportunities to expand the portfolio through the addition of high-potential assets within the UK’s biomass and waste sectors has been identified and will create a scalable bioenergy company in the UK, with the potential for future deployment elsewhere. The new group will continue to benefit from ECL’s experience in strategic development, operational efficiency, and transaction support.

Category: Fuels

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