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3i Infrastructure Unit Buys Remaining Stake in Foresight Environmental's Anaerobic Digestion Portfolio

MT Newswires·10/26/2026 03:51:41
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03:51 AM EDT, 10/26/2026 (MT Newswires) -- 3i Infrastructure (3IN.L) unit Future Biogas acquired the remaining 49% stake in a portfolio of six gas-to-grid anaerobic digestion facilities from Foresight Environmental Infrastructure (FGEN.L) for 104 million pounds sterling. Full ownership will help Future Biogas advance identified investment opportunities across the portfolio, including capacity expansions and operational enhancements, the infrastructure investment company said Monday. Future Biogas acquired the initial 51% stake in the portfolio in August 2024. The company initially plans to fund the acquisition using equity and Future Biogas's existing cash, ahead of a refinancing of Future Biogas's capital structure. Meanwhile, Foresight Environmental Infrastructure will use the proceeds to reduce borrowings under the company's revolving credit facility, strengthen its balance sheet and fund existing commitments and new investments.