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TEG Environmental and Alkane have been selected as preferred bidders to develop a £7.5m anaerobic digestion plant at Rhaulit for three councils in North Wales by 2013.
TEG Group is to raise £11m in a share placing to fund the expansion of its business providing plant and equipment for the composting of organic wastes.
TEG Environmental is to acquire a site in Todmorden, West Yorkshire, for £2m, in order to set up a Build Own & Operate project using its Silo Cage composting system.
TEG Environmental is planning to create about ten new engineering jobs in Preston next year, in order to manage the opening of new composting sites across the country.
TEG Environmental is to raise £3.4m in a share placing to fund the development of a composting plant in Perthshire.