Huge biogas plant to be built in Somerset

A huge plant that will turn food waste into gas is to be built on an industrial estate in Somerset.

The construction of the facility is being funded by investment firm Macquarie Capital and is expected to begin injecting green gas into the UK’s national gas network by early 2022.

The plans follow an agreement by Macquarie Capital to buy up a majority stake in Evercreech Renewable Energy – a greenfield anaerobic digestion development – for an undisclosed sum.

Macquarie Capital would not confirm where in Somerset the Evercreech plant would be constructed, but said it would support the nearby residential population and more than 400 local dairy, brewing and baking manufacturers with a less carbon-intensive waste disposal service.

Once fully operational, the plant is expected to save 95,000 tonnes of food waste from landfill each year – the equivalent to food waste produced by over 400,000 homes in the UK annually – the financing firm said.

Patrick Ottersbach, a managing director at Macquarie Capital Principal Finance, said: “We have been at the forefront of financing innovative developments in the anaerobic digestion sector since establishing our platform in late 2019.

“Since then, we have supported Adapt Biogas by providing our expertise and the capital they need to achieve their growth ambitions.

“The addition of the Evercreech plant to the platform is a significant step towards realising those ambitions and becoming an important part of a growing sector that is expected to play a critical role in the UK’s plans to reach net zero.”

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Evercreech will become part of Macquarie Capital’s existing Adapt Biogas portfolio, doubling its capacity of gas-to-grid biomethane.

According to the business, its combined portfolio will produce enough energy to cover the annual gas consumption of more than 5,600 UK homes.

The Evercreech investment follows Macquarie Capital’s 2019 majority acquisition of the company now known as Adapt Biogas – a UK-based provider of operations and maintenance services.

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