EDL makes landfill gas to energy acquisition

Deal with Granger Energy Services increases EDL’s North American operations from 12 to 28 sites.

Australian headquartered global energy business Energy Developments (EDL), has announced that it has completed the acquisition of Granger Energy Services landfill gas to energy (LFGTE) business in the USA.

Granger Energy comprises 16 operating sites, concentrated in the Great Lakes region of the U.S., with a total installed capacity of 85 megawatts electric (MWe). The Granger Energy business is highly contracted, with strong counterparties, and long term contracts, EDL notes.

The transaction increases the scale of EDL’s North American LFGTE operations from 12 to 28 sites, and will more than double US earnings. It increases EDL’s North American assets to ~200 MW, making EDL one of the top three LFGTE businesses in North America, the company says.

EDL Chief Executive Officer, James Harman, said: “The acquisition of Granger Energy is an excellent strategic fit for EDL. It complements our existing North American LFGTE operations both geographically and operationally with a broadening of skill sets, greater depth of engineering, well field management and sales expertise.”

“As a result of the increased scale and operating resources we have now acquired, we see further potential for EDL to grow both its North American LFGTE and remote area power generation businesses,” he said.

Fourteen of Granger Energy’s operations are on open landfills, providing EDL significant growth opportunities as waste and gas volumes increase over time. The three largest landfill operations are expected to produce gas for the next 40 years, with extension options subject to permit.