Novus Energy sells biomass plant to WRZ Hörger

An affiliate of Novus Energy GmbH, a client of Fairlead Advisors, sold its CHP biomass plant in Herbrechtingen, Baden-Württemberg, to the local waste disposal company WRZ Hörger from Sontheim, Germany. The transaction was closed on December 6, 2016. The parties agreed to keep the purchase price confidential.

The sale of the plant is part of Novus Energy’s successful exit from the German bio energy market.

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