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Oak Grove Renewables

Oak Grove Renewables

Date
December 2017

Sector
Energy & Renewables

Transaction
Sale of Anaerobic Digestion Facility

Value
Confidential

Role
Financial Advisor

QMPF is pleased to announce it has advised on the successful sale of a 2.5MW anaerobic digestion facility. QMPF advised the vendor, Downing LLP (fund manager of the VCTs selling the plant), on the sale. Our role covered the valuation, potential financing, marketing and sale process.

The plant, Oak Grove Renewables, is located in Scottow and was commissioned in November 2013. The plant produces electricity from two CHP engines and an Organic Rankin Cycle. It is accredited under the Renewable Heat Incentive (RHI) and Feed-in-Tariff (FiT) subsidy regimes.

This sale process follows our recently reported sale of Vulcan Renewables.  Our client said of the transactions:

 “The advice and support received from QMPF was instrumental during the potential financing and successful sale of two of our AD plants.”  Michael Hughes, Downing LLP

For further information contact

Clare Lacey

Partner

+44 (0)131 222 2612

Andrew Dougans

Associate

+44 (0)131 222 2601

QMPF LLP, Excel House, 30 Semple Street, Edinburgh EH3 8BL
+44 (0)131 222 2600
info@qmpf.co.uk

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