ENGIE acquires Rainbarrow Farm

ENGIE is pleased to announce the successful completion of its acquisition of the award-winning 
and innovative Rainbarrow Farm anaerobic digestion (AD) facility located in Dorset. With an annual operational capacity of 57 GWh, this AD facility has been providing renewable energy to the local community for over a decade.

Following the announcement in September 2023 of the acquisition of Ixora Energy Ltd, a leading UK-based biomethane producer since 2017, this new production facility is added to ENGIE's growing portfolio of AD plants in the UK and support its ambitions in the renewable gas industry. By working with the local community in the Poundbury area of Dorchester and across Dorset, this site is a perfect example of how a circular economy can be created through biomethane, a renewable and locally produced energy, consumed in the town of Poundbury, and which provides sustainable solutions that support local businesses.

Stuart Rennie, Managing Director of ENGIE Renewable Gases UK stated: ‘This acquisition is another important step in the expansion of our renewable gas portfolio in the fast-growing UK market. Rainbarrow Farm AD is providing the community with much-needed renewable energy, and is contributing to the country's energy transition and its energy sovereignty.’

Biogas is produced through the breakdown of agricultural feedstocks such as farm waste, food production byproducts and sustainably grown crops. The biogas is then processed to generate renewable gas and electricity for local networks. This process helps reduce reliance on imported fossil fuels and supports the transition to a circular economy.

About ENGIE

ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients.

Turnover in 2023: €82.6 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and nonfinancial indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).

Read the full press release here.

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