London, UK. 29 June 2022 – Amberside Advisors Ltd is pleased to have supported Bio Capital Ltd in their acquisition of 100% of Corbiere Renewables Ltd, a fully operational gas-to-grid anaerobic digestion plant in the UK.
Amberside were appointed to develop an initial acquisition model template to assist in calculation the client’s Non Binding Offer (NBO) before assisting further with developing the model at both the Binding Offer (BO) stage and, once the client was selected as Preferred Bidder, up to Financial Close.
Corbiere Renewables Ltd is a fully operational 550m3 / hr gas-to-grid anaerobic digestion plant. The plant has been operational since 2015 and has a recent track record of good, stable operational performance.
Viet Nguyen, Associate Director at Amberside, commented: “We are proud to have been able to assist within the bidding and Financial Close process, ensuring the client had confidence in the true value of the asset. The asset itself will be supplying sustainable energy to the UK for many years to come”.