Dutch alternative fuels producer N+P Group plans three investments at its UK operations after securing a £30.6m (ca. €35m) bilateral financing package from NatWest Bank. The projects include upgrades to both the "mini" materials recycling facility (MRF) and the main sorting plant at the company’s Crayford site in south-east London, as well as optimisation of processing operations at its Teesside solid recovered fuel (SRF) production plant.
The five-year financing arrangement with NatWest will support the process improvements at the Crayford site and the refinancing of existing credit facilities. The new financing package also includes a £5m facility from Lombard linked to the Crayford plant....
