The Burges Salmon team was led by corporate partner Jonathan Eves and associate Gregory Nash. Energy sector partner Nick Churchward and senior associate Sam Sandilands led the project due diligence exercise, providing advice across a range of areas including energy, PPP, real estate, planning and construction.
Welsh Water Infrastructure is a part of the not-for-profit Glas Cymru group that includes Dŵr Cymru Welsh Water. It has taken ownership of the plant in Cardiff as part of its plans to further develop its waste and renewable energy business.
The plant, which was previously owned by Kelda Water Services, is located within its Cardiff Wastewater Treatment Works in Tremorfa. It already supplies the site with renewable energy and with this investment in food waste digestion on the site, around 50% of the energy used by Cardiff Wastewater Treatment Works is now generated by Welsh Water through sustainable, renewable generation.
Welsh Water Infrastructure Managing Director, Sonia McCorquodale Cruise comments: “This is an important and strategic investment, as it will help the Glas Group generate more renewable energy as we play our part in helping to manage the effects of climate change by becoming energy neutral by 2050.”
Jonathan Eves says: “We are pleased to have advised Welsh Water on this transaction, particularly at this interesting time for the company as it currently expands its use of renewable sources across wind, solar, and anaerobic digestion facilities.”