Future Biogas, one of the largest anaerobic digestion (AD) plant developers and biogas producers in the United Kingdom and a portfolio company of 3i Infrastructure, has acquired the remaining 49 percent stake in a portfolio of six gas-to-grid AD facilities from Foresight Environmental Infrastructure (FGEN) for £104 million ($139 million).
Future Biogas acquired its initial 51 percent stake in the portfolio from JLEN Environmental Assets Group in August 2024 for £68.1 million ($91 million). Full ownership will enable Future Biogas to drive further earnings growth, accelerating a number of identified investment opportunities across the portfolio, including capacity expansions and operational enhancements.
“We are very pleased to be acquiring full ownership of the six plants, which we know well, having developed and operated them over many years,”