Bahrain-based Oak Group Holdings has reached a deal to generate and inject biogas into the UK gas grid, Gulf Daily News reported, according to Zawya.
The 25-year agreement with Cadent Gas, one of Britain’s natural gas grid operators includes the supply of over 12 million homes and businesses with natural gas.
The Bahraini company will invest around $100m to build, own, and operate (BOO) an initial three waste-to-energy plants in the UK, which will collectively inject up to 6,000 kilograms per hour of biogas.
“It is with great pride that a Bahrain-based company can compete and win concession agreements in advanced economies where cutting-edge technologies are the norm, such as in the UK and most interestingly, in Canada where last December our Energy High-Temperature Pyrolysis technology was inaugurated,” OAK Group CEO Gareth Brown said.
“In every country in the world today, governments are accountable for the level of commitment and effectiveness in making changes to their energy equation, we in Oak are geared to meet those challenges and expectations and at the same time promote Bahrain as a place where innovative companies can thrive,” Brown added.