Greencoat Capital to acquire Margam Green Energy Plant from Glennmont Partners.

Greencoat Capital, an asset manager, agreed to acquire Margam Green Energy Plant, a waste wood-fired biomass plant, from Glennmont Partners, a fund manager. Financial terms were not disclosed. “We’re excited to announce the acquisition of Margam Green Energy Plant, an almost identical asset to our existing Templeborough facility, with all the benefits of familiarity and previously established operating partners and processes. We expect to continue expanding in this important sector, generating stable returns for clients whilst helping to decarbonise the UK’s electricity grid,” Minal Patel, Greencoat Capital Partner.