Listed environmental infrastructure fund JLEN said Thursday it had acquired an anaerobic digestion plant, Merlin Renewables, for about £18.1m.

The plant has a thermal capacity of about 5MWth and predominantly produces biomethane to be injected to the national gas grid.

The acquisition is expected to build on JLEN's growing portfolio of four an anaerobic digestion projects, bringing the total capacity of the renewable energy assets in the JLEN investment portfolio to 274.2MW.

'This latest acquisition further underlines the commitment JLEN has to diversifying its portfolio and the value it places in the anaerobic digestion sector,' said Richard Morse, the JLEN Chairman.






At 9:16am: (LON:JLEN) John Laing Environmental Assets Group share price was -0.5p at 105.5p