Mar 2023
Opus advises Future Biogas on its sale to 3i Infrastructure plc
Category: Deal Announcement
Opus is delighted to have advised the shareholders of Future Biogas on its £28m sale to 3i Infrastructure plc (LSE: 3IN), a £3bn infrastructure investment company listed on the London Stock Exchange and managed by 3i Group plc.
Future Biogas is the largest producer of biomethane in the UK and a highly experienced developer and operator of AD plants. The company has developed 12 such plants and currently manages 11 across the UK for third party owners. Future Biogas provides full-service capabilities including construction, ongoing compliance, and asset management. The plants convert a wide range of feedstocks into clean and renewable energy through a process of anaerobic digestion producing biogas which is further upgraded into biomethane and directly injected into the UK’s national gas network.
The acquisition will include additional growth capital to allow Future Biogas to build a substantial fleet of unsubsidised biogas plants with carbon capture and storage capability.
This represents another market leading transaction and a further example of Opus’ expertise relating to the energy transition. For further information please contact: John McElroy, Stuart Schofield and Dilesh Patel.