Anthesis Provides Energy-from-Waste Due Diligence

November 21, 2018 | News,
Computer graphic of Hooton Biopower energy from waste plant

Anthesis has provided commercial due diligence for the construction of one of the UK’s biggest energy-from-waste gasification plants.

The new plant, known as Hooton Bio Power and located in Cheshire, will be able to process 240,000 tonnes of waste per year, making it one of the biggest energy-from-waste gasification plants in the UK.

When fully operational, the facility will be able to produce around 200 gWh of electricity annually – enough to power over 50,000 homes.

Working with the investors, project developers and feedstock supplier, the Anthesis team, led by Claudia Amos, provided full commercial feedstock due diligence, including a red flag report. This was followed by detailed supplier assessments, covering several tiers of the feedstock supply chain, and a regional market evaluation assessing the competitive pressures on feedstock gate fees.

In addition, Anthesis provided a commentary on the proposed feedstock sourcing strategy, supply contracts and gate fees to support the client and its partners to reach a financial close.

This is the fourth successful deal where Anthesis has supported the investment team and the second time Anthesis has worked with this project developer to deliver a waste infrastructure project in the UK.

In the last two years, the team at Anthesis has supported over 30 waste, biomass and renewables projects, working with project developers, venture capitalists, investment funds, banks and pension funds to assess their respective risk profiles and investment structures.

Anthesis has been a long-term partner to key UK equity investors, identifying strategic investment targets and delivering infrastructure in the energy from waste, anaerobic digestion, bioeconomy and plastics recycling sectors.

Earlier this year, the Anthesis team also provided the first ever national waste infrastructure analysis to the UK Government’s National Infrastructure Commission.

To discuss this project further or to contact Claudia Amos.