Biogas business plans future investment with funding package
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About Malaby Biogas
Malaby Biogas was founded in 2009 and owns and operates an anaerobic digestion plant built by its sister company Malaby Martin.
The plant, at Bore Hill Farm near Warminster in Wiltshire, is a clean and efficient waste processing and energy generation facility that has won several industry awards. The company, which has six employees, works closely with the surrounding community and hosts a variety of visitor groups including local schools.
What did they want to achieve?
The company wanted to build a series of commercial business units on the Bore Hill Farm site, which would be powered by energy produced by the anaerobic digestion plant. In addition, they wanted to invest in the existing facility through operational improvements and other sources of green energy.
How we helped
Malaby Biogas had existing funding from an incumbent provider before being introduced to Lombard's dedicated green energy finance team via NatWest.
We provided Malaby Biogas with £1.8 million in funding, which was secured against the company's anaerobic digestion assets and was part of a wider deal which incorporated additional funding from NatWest.
“We are now able to invest in both operational improvements and phase two of our overall scheme, meaning we will be able to encourage the use of green energy by attracting businesses to our site".
Director, Malaby Biogas
Making it easy to invest in operational improvements and further developments, optimising quality.
Development of mixed-use site will see business units powered by green energy.
Solar energy production could help expand the company's range of green energy schemes.