Operis is proud to have supported Foresights’s JLEN Environment Assets Group in its acquisition of the Cramlington biomass plant located in Northumberland, UK. Operis provided financial modelling services, including modelling the valuation of the project and evaluating downside and upside sensitivities.
Since commencing operations in 2018, the combined heat and electricity facility has produced 28MW of power and 8 MW of heat energy. JLEN’s bid follows the holding company of the Cramlington Biomass plant entering into administration in October 2020.
