biogas

Ward Hadaway Helps Secure Funding for Biogas Plant in UK

Wardley Biogas has received £17 million ($22 million) in funding to construct a new plant at Follingsby Lane, Wardley, UK, which will convert unwanted organic waste into green gas for use across the region's heat, power and transport sectors.
Ward Hadaway Helps Secure Funding for Biogas Plant in UK

A team of lawyers from Ward Hadaway supported Wardley Biogas on various aspects of the transaction over an 18-month period. This included structuring and negotiating all major commercial contracts to bring the project to fruition.

Commercial Partner Matt Cormack led on the firm-wide transaction, which was also supported by Ward Hadaway's banking, finance, property, energy and utilities, and construction teams.

Matthew Flint, Director of Wardley Biogas, said, “It has been a pleasure to work with Matt and the team at Ward Hadaway. We have a long history with Ward Hadaway as we recognize the advantages of working with a firm with their depth of understanding of the energy sector, and their work ethic in driving projects forward.”

Matt Cormack, Ward Hadaway, added, “We are delighted to see this project achieve financial close and look forward to seeing the scheme enter the next phase of its development.”

The creation of Wardley Biogas presents an opportunity for the recycling of food waste to create renewable green gas. The project is backed by experienced funders and supported by BioConstruct GmbH, a biogas EPC contractor in the sector.   

The scheme is also supported by project partner, Gap Organics, the food recycling division of a national waste management company based in the North East. 

Photo: Commercial Partner Matt Cormack with Head of the Energy and Utilities team at Ward Hadaway, Mark Whitehead

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