Anaerobic Digestion

Meeting: 
MQT on 2015-11-18
Session date: 
November 18, 2015
Reference: 
2015/3904
Question By: 
Murad Qureshi
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

What has happened to the London Waste & Recycling Board's (LWaRB) £10m investment in the TEG anaerobic digestion plant in Dagenham, since it went financial administration earlier this year?

Answer

Answer for Anaerobic Digestion

Answer for Anaerobic Digestion

Answered By: 
The Mayor

The TEG Group, who were the operator of the facility went into administration in December 2014. Operation of the facility was therefore taken over by the owners of TEG Biogas (London) Limited, Foresight. The project company's name was changed to East London Biogas Limited. The project continues to operate under these new arrangements. As LWARB's investments were in the project company (a ring-fenced entity) and not TEG Group, they were not affected by the administration of TEG Group.