3i Infrastructure's Future Biogas acquires 51% of 6 AD facilities from JLEN for £68.1m.
3i Infrastructure's portfolio company Future Biogas acquires 51% stake in 6 AD facilities from JLEN Environmental Assets for £68.1m. Future Biogas will use committed debt facilities to fund the remaining amount, as part of its growth strategy. JLEN retains a 49% stake and plans to use sale proceeds to pay down debt and fund a £20m share repurchase program.
August 15, 2024
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