Fylde green energy tycoon Simon Rigby has doubled his stake in KIRK GROUP to 66.6 per cent, becoming the largest shareholder.
East Lancashire based KIRK GROUP was established in 2003 and is a global specialist in liquid & biogas storage solutions for the water, wastewater, anaerobic digestion and biogas industries.
It works in partnership with specialist technology providers throughout the world to construct a range of projects from simple water storage tanks, to complex schemes utilising biowaste for the production of biogas as a renewable energy source.
Simon Rigby initially invested in the company in 2011, with a stake of £2m, providing a huge boost to the business and an important link in a portfolio of renewable energy investments. He said he was committed to supporting local businesses and had a passion for the renewable energy sector, with huge plans for development.
He said: “KIRK managed a fantastic turnkey project at Farmgen 2 , our AD facility at Dryholme near Silloth in Cumbria.
“It is the standard design for our roll out, and therefore when a share became available we were very pleased to lift our holdings. KIRK was principal contractors on Farmgen 2 which is performing ahead of forecast.”
Prior to the increased investment, KIRK GROUP secured a £2m contract in the anaerobic digestion industry in South East Asia.
It will see KIRK deliver five 7,000m³ digesters and smaller storage tanks on a Biogas project in Indonesia.