Work has now started on SynTech Bioenergy, LLC’s innovative waste gasification commercial demonstration plant project. Based in the West Midlands, the plant will deliver a waste gasification system capable of high efficiencies and a potential future to deliver chemicals or fuels such as green aviation fuel.
International legal practice Osborne Clarke advised SynTech (through teams based in the UK and Chicago and Denver in the US) on a £5m technology contract and suite of financing agreements with Britain’s Energy Technologies Institute (ETI) to build the UK’s first advanced thermochemical energy from waste plant. The ETI is a public/private partnership between energy and engineering firms BP, Caterpillar, EDF, Rolls-Royce and Shell and the UK Government.
The Osborne Clarke team which advised on the matter was led by key client Partner Simon Hobday with project finance specialist Cameron Houston and energy specialist Clare King.
Key client Partner, Simon Hobday, commented: “This is truly ground-breaking technology that has the potential to convert significant amounts of waste into viable energy sources for our everyday lives. It’s great to be involved in this project and I look forward to what the future holds for this emergent technology.”
Osborne Clarke is a recognised industry leader in the energy generation sector having supported clients in this space for over twenty years. With offices in all major European jurisdictions, the firm’s renewable energy experience extends across borders, with in-depth expertise in all of Europe’s major economies. The team advise clients, like SynTech, at the cutting edge of distributed generation and system intelligence to contextualising changes to local energy regulatory regimes.