Burges Salmon facilitates ENGIE’s expansion in UK biomethane market

ENGIE, a French multinational committed to advancing the transition towards a carbon-neutral world, has been actively expanding its presence in renewable energy markets. The acquisition of Rainbarrow Farm aligns with ENGIE's goals, adding to its growing portfolio of AD plants in the UK and reinforcing its position in the renewable gas industry.

Rainbarrow Farm, located in Dorchester, has been lauded for its innovative approach to sustainable energy generation. With an annual operational capacity of 57 GWh, the facility has been instrumental in supplying renewable energy to local communities and businesses across Dorset, showcasing the potential of biomethane in creating a circular economy.

This acquisition marks ENGIE's second venture into the UK's biogas market within six months, following its previous acquisition of Ixora Energy Ltd. Burges Salmon, once again, led the legal advisory team, demonstrating its expertise in navigating complex transactions in the renewable energy sector.

Commenting on the transaction, Danny Lee, Partner at Burges Salmon, expressed satisfaction in supporting ENGIE's strategic growth in the UK market. Lee emphasised the increasing attractiveness of clean biogas as a vital resource for decarbonising the energy system, complementing low-carbon electricity solutions.

Stuart Rennie, Managing Director of ENGIE Renewable Gases UK, praised the role of Burges Salmon in facilitating the acquisition. Rennie highlighted the importance of Rainbarrow Farm in contributing to the UK's energy transition and sovereignty, underscoring ENGIE's commitment to expanding its renewable energy portfolio.

Burges Salmon's Corporate practice, renowned for its expertise in sectors such as energy, healthcare, technology, and financial services, continues to play a crucial role in facilitating sustainable investments and initiatives. With over two decades of experience in advising on renewable energy projects, Burges Salmon remains a trusted advisor in the ever-evolving landscape of clean energy transitions.