Infinis

Infinis is a leading UK renewable energy platform with 472MW of installed capacity and the UK’s largest generator of low carbon power from captured methane.

The operating platform currently spans 150 sites and four business divisions: renewable baseload Captured Landfill Methane; baseload Captured Mineral Methane; Power Response and Solar. Infinis’ main energy production comes from their Captured Landfill Methane division, which operates a portfolio of 103 landfill sites and revenues are contracted under the UK’s Renewable Obligation Certificate regime. Methane gas is created from decomposing organic waste in landfills, captured through a network of pipes and gas wells, converted into renewable electricity via a fleet of engines and exported to the grid. Infinis has made significant progress in developing its solar division, aiming to co-locate solar PV technology on sites where it generates renewable power from captured landfill methane.

Infinis is owned by 3i Infrastructure plc, a private equity infrastructure sponsor. The new funding structure will facilitate Infinis’ growth objectives in developing additional solar power generation and battery systems. The £65 million loan is part of a corporate facility which is senior secured on all assets of the company with several financial and operational covenants with cash sweep in later years.