New Earth Solutions Ltd has acquired the Bioganix plant at Sharpness.
The plant is based near Falfield in Gloucestershire and has a capacity of 50,000 tonnes per annum. The buying price was not revealed.
The plant receives waste from South Gloucestershire council and Gloucestershire county council plus commercial businesses. It has been accepting waste since May 2008 but it has taken longer than expected to build up the volumes. NES can provide additional waste from its existing suppliers.
NES is a UK-based waste treatment company, which already operates a number of plants in the south of England and the Midlands. NES designs, build and finances plants that treat segregated and unsegregated waste.
In January, Impax invested £4m in NES, which took its stake to 16.3%.
© 2022 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.