FDBusiness.com

TEG secures £21m for AD plant

 Breaking News
  • Ferrero to Acquire US Confectionery Company Ferrero Group is acquiring Ferrara Candy Company, the third largest non-chocolate confectionery company in the US, from L Catterton, the biggest and most globally consumer-focused private equity firm in the world. The terms of the transaction were not disclosed. Ferrara is best known as the maker of iconic brands such as Trolli, a leader in [...]...
  • Shift to Sustainable Food System in Europe is Possible – But Faces Challenges Making Europe’s production, consumption and trade in food environmentally sustainable is possible, but it will require a major shift in public attitudes, policies and knowledge and seizing current opportunities for change, according to a newly published European Environment Agency (EEA) report. The EEA report ‘Food in a green light,’ analyses the challenges Europe faces in shifting [...]...
  • Pet Food Producer Achieves 30% OEE Improvement and Brand Security With OAL Connected Wagg Foods, a leading producer of high-quality pet food, has increased its OEE efficiency by 30%, secured its packaging lines from errors and ensured full compliance with retailers’ code of practice with OAL Connected, a modular suite of packaging line software. Known for its laser-focus on quality, nutrition and product development, Wagg Foods prides itself on [...]...
  • Thirsty Business – How Water Reuse Can Benefit the Food and Beverage Industry By Martin Kunz, EMEA Segment Leader, Industry for Xylem’s Applied Water Systems business Only 2.5 percent of the world’s water is fresh water, and of that, only one percent is accessible as much is trapped in glaciers and snowfields. By one estimate, global fresh water demand will exceed supply by 40 percent in 2030 if current [...]...
  • Hilton Food Group to Move into UK Fish Processing Hilton Food Group, the UK-based specialist international meat packing business, has agreed to acquire Icelandic Group UK (Seachill), a leading chilled UK fish processor, for cash consideration of £80.8 million. The acquisition will provide Hilton with entry into the processing and supply of fish in the UK. Robert Watson OBE, chief executive of Hilton Food Group. Founded [...]...

TEG secures £21m for AD plant

TEG secures £21m for AD plant
September 12
09:10 2012

Organic waste group TEG has secured funding to construct a £21m waste facility at East London’s Dagenham Dock.

The facility will be capable of processing 49,000 tonnes per annum of food and green waste via AD and In-vessel composting (IVC) technology on a 4.7 acre site.

On site will be the first AD plant of its kind in the capital which will generate approximately 1.4MW of electricity, sufficient to power around 2,000 homes.

The company also claims it will produce over 36,000 tonnes per year of AD digestate and 14,000 tonnes per year of compost for agricultural use.

The feedstock will come from source segregated food waste and mixed food and green waste produced by local households, commercial and manufacturing enterprises.

Foresight Group funds have committed £11m into a new Special Purpose Vehicle (SPV), TEG Biogas, to allow for the construction and operation of the new processing plant.

TEG will construct and operate the plant on behalf of the SPV under an Engineering, Procurement and Construction Contract (EPC Contract), which is expected to generate approximately £16m in revenues for TEG over the period of construction.

Work is due to commence in September 2012 and is scheduled for completion in the first quarter of 2014.

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 19, 2017PMA Fresh Summit 2017
  • October 21, 2017Food & Nutrition Conference & Expo 2017
  • October 22, 2017Serbotel
  • October 22, 2017Natexpo
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements