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abrdn, TCED reach financial close on anaerobic digestion plant in the U.K.
Transactions - SEPTEMBER 13, 2024

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abrdn, TCED reach financial close on anaerobic digestion plant in the U.K.

by Kali Persall

The abrdn Global Sustainable Infrastructure Partners IV (aGSIP) fund and The Circular Economy Development (TCED) have reached financial close on a greenfield anaerobic digestion plant located in Deeside on the England-Wales border.

The initiative seeks to remove landfill waste and produce renewable energy while removing carbon-dioxide emissions from the conversion process. The project will include the design, building, owning, operation, maintenance and financing of a state-of-the-art anaerobic digestion facility that will produce biogas from food waste through widely used and well-tested anaerobic-digestion technologies.

Once online, the project is expected to convert 120,000 tons of food waste annually into gas. Utilizing a gas upgrader, about 180 megawatt-hours of biomethane will be extracted and injected into the grid, while purified carbon dioxide will be separated and liquified ahead of its sale. A portion of this biomethane will be used to generate approximately

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