Heads of Terms Signed for Funding Enfield Biomass Project

June 2013: News reports provide an update on progress being made by developer Kedco of their 12MW biomass heat and power plant planned in Enfield. The article states that “Kedco plc, the renewable energy developer and operator focusing on the production of clean energy in the UK and Ireland, is pleased to announce the appointment of the Foresight Group (“Foresight”) as the preferred funding partner in relation to its 12 MW Enfield Biomass CHP project located in North London. Kedco has signed a non-binding heads of terms with Foresight for the provision of debt and equity facilities which will part finance the construction and operation of the Project.” See previous posts here for detail on the scheme.

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