Lower Ruele, ST20

OPPORTUNITY OVERVIEW:

Lower Ruele Bioenergy is a freehold electric to grid AD plant with a generation
capacity of 1.4MW which was constructed by Weltec in 2010. A food waste reception
building has recently been added to provide a de-packing capability which requires
completion and commissioning. At present the plant is in a deep maintenance state.

The plant's total CHP generation capacity is 1.4MW with grid connection agreements
for 100kVA import and 1400kW export capacity. An Initial feasibility DAS from Cadent
has confirmed up to 1,000 m3/h of gas to grid capability to a nearby MP line to the
north of the site, which offers a potential expansion opportunity.

A new food waste reception building has recently been constructed and is ready for
de-packing equipment to be installed and services to be commissioned.

The facility is eligible to receive Renewable Heat Incentive (RHI) until 2036 with
electricity generation qualifying for Renewable Obligation Certificate (ROC) until
2030.

LOCATION AND SITE DESCRIPTION:

The facility is located c.9 miles to the east of Stafford and approximately 7 miles to the
east of Newport with the company operating from a freehold site at Lower Reule
Farm. The A518 is a short distance to the north with access available to the M6
motorway immediately to the south of Stafford.

The site has been developed as a purpose built AD facility. The primary AD plant
comprises a feedstock holding tank, 3 digesters, 2, CHP engines (600kW and 800kW
MWM), 2 pasteuriser tanks, flare, heat exchangers, pre-separation storage tank,
digestate storage tank, separator and services building.

The new purpose built food waste reception building has been developed to a high
specification and inclusive of offices, boardroom, workshop, WC facilities and storage
areas. The food reception hall requires fitting out (certain new equipment already
acquired) with the newly constructed yard area providing a weighbridge and welfare
offices.

PLANNING:

Planning permission for the construction of the AD facility was granted in May 2009.
Subsequent planning consent was secured for the development of the new building for
use as a depackagaing facility which was constructed in 2020.

Further planning information is provided within the data room.

DEPACKAGING FACILITY:

The depackaging facility was constructed in 2020 and comprises the following:

* A large purpose built facility, with a large steel portal framed food waste
reception building extending to 1,350 m3 (14,530 ft3)
* The food waste reception building has been developed to a high specification
with ancillary offices, boardroom, workshop, WC facilities and storage areas.
* The yard area includes a weighbridge and welfare offices.
* The food reception hall requires fitting out (certain new equipment already
acquired) including:
* Thor Attritor separator de-packaging machines
* Landia 8,000L stainless steel pasteurising tanks
* Attritor de-packaging machines
* Runi Screw Compactor
* EMS Industries Pump
* Untha Shredding Machine

BUSINESS RATES:

Rateable value: £94,000

LEGAL COSTS:

Each party is to bear their own legal costs.

TERMS:
Offers are invited for the fully equipped freehold facility.

FURTHER INFORMATION:

Additional information is available in the data room.

Access will be provided upon receipt of an executed NDA.

VIEWINGS:

Strictly via the sole agents, Hilco Global.