None of the information provided is investment or tax advice.
You should always read the associated risks before deciding whether to invest. These can be found on the product pages as well as in our risks overview.
Please confirm you have read the information above.

Confirm

Welcome to Downing LLP

Other

Request information for

Product Offer Hero Title

Hello, thanks for your interest in investing with Downing. Please complete this form to receive the requested information.

Did you know. Risk warning. Take 2 mins to learn more.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
plus icon
document search icon 3
21/9/2023
5
min read

Downing successfully exits renewable gas company Ixora Energy Ltd

Downing
Downing

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

http://ww.w.goooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooogole.comdadsdasdas

Downing has exited its anaerobic digestion business, Ixora Energy Ltd (Ixora), to ENGIE - a multinational low-carbon energy and services company. ENGIE has acquired Ixora for £64.8 million.  

Established by Downing in 2017, Ixora operates four anaerobic digestion plants across the Southwest, including three large gas-to-grid plants. Ixora supplies green gas and electricity to local homes, businesses and the grid. The plants are predominately farm-based and use a range of agricultural feedstocks which include farm waste, manure and sustainably grown crops.  

Tom Williams, Partner and Head of Energy & Infrastructure at Downing, commented: “This transaction completes our exit from the anaerobic digestion sector and brings to a close our six-year relationship with Ixora.  We have enjoyed working with everyone at Ixora and look forward to seeing them go from strength to strength in the future under ENGIE’s stewardship.”

Cécile Prévieu, Executive Vice President in charge of Infrastructure at ENGIE, said: “This acquisition resonates deeply with our commitment to a diversified energy mix where biomethane stands as a pivotal force in Europe's decarbonization while ensuring a resilient and affordable energy transition. In this way, ENGIE is committed to contributed to the UK's goals for renewable energy and decarbonization.”

Find out more about the Downing Energy & Infrastructure team

Share
https://downing.co.uk/insights/downing-successfully-exits-renewable-gas-company-ixora-energy-ltd

We're here to help

If you are a financial adviser, or discretionary fund manager call 020 7630 3319 or email us at sales@downing.co.uk

If you are a private investor call  020 7416 7780 or email customer@downing.co.uk