3i Infrastructure (GB:3IN) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
3i Infrastructure’s portfolio company, Future Biogas, has expanded its footprint in the UK’s green energy sector by acquiring a majority stake in six anaerobic digestion facilities from JLEN for £68.1 million. This move enhances Future Biogas’s position as a leading biogas producer, allowing for significant upgrades and extended plant lifespans while advancing the UK’s energy transition. The acquisition is in line with 3i Infrastructure’s strategy to transform Future Biogas from a plant operator to a prominent asset owner and developer.
For further insights into GB:3IN stock, check out TipRanks’ Stock Analysis page.