Bio Capital completes debt financing of AD portfolio
Independent law firm Burges Salmon advised the firm on the £85 million (€96 million) debt financing on assets across England, Scotland, and Northern Ireland.
Bio Capital was founded in 2018 by Helois Energy Investments and Equitix as a platform for investments in the AD sector, with its portfolio including gas-to-grid and electricity generation plants that utilise food waste and agricultural feedstock.
Peter Sharpe, CEO of Bio Capital, said: “Bio Capital is delighted to have closed this refinancing with the excellent support of the Burges Salmon and Elgar Middleton teams. This agreement with enable us to continue our growth in the sector and to reintroduce our commitment to renewable energy and a net-zero economy.”