Skip to main content

UK’s Britaniacrest Recycling acquired

French-owned renewable energy producer Qair has moved into the UK’s energy-from-waste sector for the first time with the acquisition of Britaniacrest Recycling (BCR).

BCR, originally a family business operating throughout south-east England, was formed in 1993 by Ray Foss. Qair says it is taking over a well-run company and associated infrastructure and access to all the rights to the planned 3Rs energy-from-waste facility at the company’s Wealden Works site near Horsham outside London. It has played a key role in developing the 3Rs EfW project in Horsham.

Qair targets financial close for the EfW project in 2023 and expects the plant to produce its first megawatt-hours in 2026. Qair says it is engaged in serious discussions with a major EPC contractor.

This acquisition confirms Qair’s ambition to expand further in the UK, following the incorporation, in 2021, of its UK subsidiary which currently holds a portfolio of onshore wind and PV projects at various stages of development totalling 700MW in capacity, and the setting up of a consortium which was awarded two offshore projects with a total capacity of 2GW in the ScotWind leasing round.’

Foss says the combination of the two companies will accelerate the growth and diversification of Britaniacrest in the region. Louis Blanchard, Qair ceo adds: ‘We see a significant opportunity to build on BCR’s team’s strong capabilities and reputation and further grow the company.’

Qair is an independent producer of renewable energy, developing, building and operating wind, solar, hydroelectric and green hydrogen projects. It is active in 21 countries across Europe, Latin America, Africa, and Asia.

Would you like to share any interesting developments or article ideas with us? Don't hesitate to contact us.

You might find this interesting too

China and India report steel output growth
India ends most temporary export duties

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €169 (normal rate is €225) Subscribe