John McElroy
Opus Corporate Finance
John Laing Environmental Assets Group (JLEN)
Deal Type
Acquisition
Sector
Energy & Sustainability
Completion Date
2nd February 2018
Deal Value
£11m
Company Background
John Laing Environmental Assets Group Limited specializes in investments in environmental infrastructure including wind projects, water and waste management, solar projects and renewables in United Kingdom.
Deal Summary
Advised John Laing Environmental Assets Group (JLEN), the listed investment company, on an £11m investment in the Icknield Farm anaerobic digestion plant acquired from Ingenious and private owners. This is JLEN’s second investment in the technology and Opus has advised on both transactions. Icknield is a 5MWth AD plant producing bio-methane which is injected directly to the gas grid. It also generates electricity via a CHP unit and receives Renewable Heat Incentive and Feed in Tariff payments from the government.
