Nomansland Biogas Limited
In 2013, Downing funds invested to fund a new company, Nomansland Biogas Ltd, to develop a 1.3MW agricultural AD facility in Tiverton, Devon alongside Greener for Life Energy Ltd (“GFLE”). GFLE is an AD consultant and developer.
The plant passed its electrical safety test in December 2014, when it started to export electricity to the National Grid. This ensured that the plant earns the projected Feed-in Tariff (FiT) subsidy.
The plant is designed to process c. 25,000 tonnes p.a. of feedstock including energy crops, poultry litter, slurry and farmyard manures to produce biogas, which will then be used to generate renewable electricity. The site is now managed by Ixora Energy Limited.
Key facts
Downing LLP does not provide advice or make personal recommendations and investors are strongly urged to seek independent advice before investing. Investments offered on this website carry a higher risk than many other types of investment and prospective investors should be aware that capital is at risk and the value of their investment may go down as well as up. Any investment should only be made on the basis of the relevant product literature and your attention is drawn to the risk, fees and taxation factors contained therein. Tax treatment depends on individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 545025). Registered in England No. OC341575. Registered Office: Downing, 10 Lower Thames Street, London, EC3R 6AF.