London, UK. 29 September 2022 – Amberside Advisors Ltd is pleased to have supported Equitix in their acquisition from Brockwell Energy of the Westfield Energy from Waste (EFW) Plant, for an undisclosed amount.
Amberside were appointed to provide Equitix with buyside financial modelling, including building out the valuation pack, supporting the model audit process, and providing ongoing support through to Financial Close.
The Westfield EFW project is situated on the site of a former open cast coal mine, close to Fife in the central belt of Scotland. Currently under construction by Swiss-based contractor Hitachi Zosen Inova, when operational the plant will generate 23 MW of low carbon electricity, and process 250,000 tonnes of waste per year.
Viet Nguyen, Associate Director at Amberside, commented: “We are proud to have been able to assist within acquisition process, ensuring the client had confidence in the true value of the asset and the benefits of the range of structuring options they had explored. The asset itself will be supplying low carbon from waste materials to the UK for many years to come”.
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About Amberside Advisors
A UK-based company founded over a decade ago, Amberside Advisors offers independent financial modelling and advisory services to large-scale energy, infrastructure and public sector projects. Amberside Advisors supports major infrastructure projects ranging across wind, solar, hydro and biomass, road and rail, schools and hospitals, as well as advising on public service delivery contracts in sectors such as healthcare and justice. Learn more at www.amberside.uk
About Steer
Steer is an independent consultancy working worldwide across cities, infrastructure and transport. We have spent over forty years providing pioneering planning, design and advisory services to government and business. Steer design combines a deep understanding of people, context and function to deliver innovative, user-centred design that helps to make our cities, transport systems and public places understandable, accessible and enjoyable for all. Steer is led by experienced wayfinding strategists, planners and designers with in-depth technical understanding and experience communicating with clients, stakeholders and communities to successfully deliver engaging, inspiring and lasting projects worldwide. Find out more at www.steergroup.com