Greencoat Capital has acquired a 41.8MWe UK bioenergy plant from Nuveen-owned infrastructure manager Glennmont Partners.
The 40MW is a 拢160m (鈧�190m) wood-fired power station, located near Port Talbot, South Wales.
The plant was originally acquired by Glennmont in 2015 during the construction phase and has been operational since 2019.
Glennmont said the disposal of Margam is a continuation of its divestments from its second clean energy platform. It follows the platform鈥檚 divestments of two wind portfolios in Italy and France last year.
CEO and co-founder at Glennmont, Joost Bergsma said: 鈥淭his latest transaction brings us a step closer to realising the full divestment of our second clean energy platform and underlines our expertise across the full investment cycle from deal structuring, to asset management and the final sale.
鈥淎s we continue to play a key role in the energy transition, we look forward to leveraging our expertise to identify and secure further value from assets.鈥�
To read the latest edition of the latest 91传媒在线 magazine click here.
