Lazard invests in UK’s DBE Energy

In New York state, Lazard Asset Management announced that the Lazard Sustainable Private Infrastructure team completed its inaugural investment in DBE Energy, owner, and operator of an anaerobic digestion plant in Surrey, England.

The investment has been made in partnership with DBE’s experienced management team who will continue operating the plant with LAM as a majority shareholder. The DBE Energy plant contributes to both the decarbonization and circular economy ambitions of the U.K. by producing green, renewable gas from organic waste and supplying it to the National Grid for commercial and domestic use as a carbon neutral alternative to fossil gas.

DBE Energy’s state-of-the-art AD plant began receiving local food waste in January 2020 and has the capacity to process 25,000 tons of waste each year to produce up to 2.3 million cubic meters of clean, green, renewable biomethane, providing energy for around 700 average sized family homes per year.