The operational assets of a landfill waste recycling centre in Yorkshire will be sold at the end of September in an online auction after a High Court judgment on debt owed by its owners, the Walled Garden Partnership.
The auction, handled by Eddisons, a firm of chartered surveyors, will see the assets and those of the ancillary gas engine-based power plant sold off, by instruction of debt recovery agency the High Court Enforcement Group. In total, the sale is expected to raise more than £1 million
The Walled Garden Partnership was set up by the former owners of the landfill site at Alne, near York in 2011, in part to capture and recycle methane the site produced. It planned to generate enough electricity to power 2,000 local homes over a period of 20 years using the centre.
Santander Corporate Banking backed the project with a £1.5 million finance deal.
Assets to be auctioned off
Among the assets listed in the auction are recycling equipment, including:
- a mobile waste shredder;
- a primary waste shredder;
- a four-barrel trommel screen;
- an articulated dump truck;
- a landfill compactor; and
- an above-ground weighbridge.
Power generation assets and other industrial equipment including a tractor, sludge spreader and pump unit will also be included in the auction.
All 30 of the lots will by sold in an online auction that will close on the morning of 30 September. The assets will be available to view on Tuesday 29 September at the landfill site in Forest Lane, Alne.
‘A rare chance’ to acquire recycling equipment at auction
Jason Pinder, Director and Head of Machinery and Business Assets at Eddisons, said: “Lots such as this don’t come to market very often. It’s a rare chance to acquire such high end, late model generation plant. As this was an ongoing project there is some used equipment that has not even been commissioned.
“We are told that the trommel is the longest in the country and has been certified for use by SSE plc for use in power stations.”
Find out more about the Walled Garden Partnership auction.
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