Anthesis are delighted to have been part of the professional advisory team that has successfully brought CoGen Limited’s Ince Bio Power project at the Protos site (formerly known as Ince Park) in Cheshire to financial close. The Ince Bio Power project by developer CoGen and follows Birmingham Bio Power, Welland Bio Power and Dartmoor Bio Power. 

CoGen formed in August 2014 through the merging of two leading players in the renewables sector ‘O-Gen UK’ and ‘Carbonarius’, is now one of, if not the leading developer of renewable power biomass plants utilizing Advanced Conversion Technology solutions in the UK.

The scheme comprises a 21.5MWe Waste Biomass facility and Anthesis’ commercial due diligence team, led by Peter Scholes, conducted the waste wood feedstock market, anchor feedstock supplier and supply chain evaluation on behalf of the developer.  The plant has the capacity to process 170,000 tonnes/annum of recovered waste wood into renewable energy which will be sufficient to provide enough power for around 40,000 homes and provide up to 177 jobs once operational.

Ian Brooking, Chief Executive of Cogen said:

“It is great to get a complex project of this significant size through financial close. We are delighted to be partnering with Bioenergy Infrastructure Group and are excited to be working with them going forward to deliver multiple similar projects. CoGen has a significant pipeline of projects coming through and is now firmly established as the Major Player in Advanced Gasification in the UK.”