Biogas CHP project receives $17m from Green Investment Bank

A British farm is set to generate on-site power from agricultural feedstock after receiving over £13 million ($17 million) in funding from the UK’s Green Investment Bank.

An anaerobic digestion plant will process locally-sourced poultry litter, straw and other feedstock to fuel a 2.2 MW combined heat and power (CHP) plant on Stud Farm in Rufford, Nottinghamshire.

The plant, to be developed and operated by Future Biogas Ltd and with CHP technology provided by Clarke Energy, is planned to supply power and heat to the farm and local businesses.

Funding for the project comes in the form of £6.6 million from the Recycling and Waste LP (RAW) Fund, which is managed by infrastructure investment firm Foresight and features the GIB as a cornerstone investor. Another £6.6 million is to come from the SQN Asset Finance Income Fund. 

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