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Alkane Energy

Alkane Energy is to acquire Darent Power, Leven Power and Rhymney Power from Carron Energy and Dragon Generation for £12m, including 49MW of generating capacity in Kent, Redditch and Cardiff.

Alkane Energy is to acquire the Wheldale-based 10MW power response facilities in West Yorkshire from SSE for £1.5m.

Alkane Energy is to acquire certain coal mine methane assets at Maltby Colliery from Hargreaves Services for an initial £5.5m.

Alkane Energy is planning to set up two new methane-fuelled power plants at the Prince of Wales colliery in Pontefract and Markham Main near Doncaster.

Alkane Energy has acquired Greenpark Energy, the Chesterfield-based methane recovery firm, for up to £5.7m.

Alkane Energy has acquired an 83% stake in Farmatic Biotech Energy UK, the developer of biogas plants in Devon, Northern Ireland and North Wales, for about £0.2m.

Alkane has reached agreement with A-TEC and Pro2 of Germany to develop methane generation facilities at abandoned coal mines in Gelsenkirchen, which will involve a £1.3m investment over ten years.

Alkane Energy is to install methane gas extraction equipment at the recently-closed Prince of Wales colliery in Yorkshire, in order to fuel a distributed electricity generation plant.

Alkane Energy is on target to open about 100 methane gas production plants on abandoned coal mines over the next five years, and is planning to apply for additional UK onshore licences next month.

Alkane Energy has announced plans to invest £120m over the next five years to produce methane gas for power generation from abandoned coal mines.

Alkane Energy is planning to raise £30m in a flotation in order to fund the development of methane extraction plants at about 100 abandoned coal mines by 2005.