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MEMBER’S PRESS RELEASE: Aether Energy to set up fund to acquire challenging UK AD plants
[Thursday 15th March] 2018. London. UK:
Aether Energy Ltd (AE), a structuring and placement business within the renewables sector, is setting up a fund to acquire and target operationally challenging Anaerobic Digestion (AD) plants. Scott Hunt, Portfolio Director of AE, said:
We have worked alongside some very impressive industry partners in the normal course of our finance operations, and between us we have observed the need for some AD plants to re-structure or recapitalise in order to become efficient over the medium to long term. We are offering a suite of solutions, including acquisitions, that allow plant owners to realise their challenging positions, whilst maximising the intrinsic value of the AD plants.
The fund is targeting investments of around £50 million or less but this would be extended to accommodate larger portfolios of AD plants. Matthew Riddiford, Managing Director of AE,said:
This is an exciting opportunity for us and we are looking forward to the challenge ahead. We have put together the ideal partners to offer a bespoke solution to the industry as a whole.
For further information please contact Scott Hunt on scott@aetherenergy.co.uk or 0203 427 5138, www.aetherenergy.co.uk
Aether Energy Ltd is authorised and regulated by the Financial Conduct Authority (FRN 623758)