Over £40 MILLION owed by Crouchland Biogas to main creditor, Privilege Finance

Crouchland Biogas is in administration, with their main creditor alone, Privilege Finance, owed OVER £40 MILLION POUNDS.

The Directors of Crouchland Biogas (excluding those now appointed from Privilege Finance) over the past few years have been; (Ewen) Angus Cameron, William Luttman-Johnson, Leon Mekitarian, Barry Evans (resigned March 2016) and Graham Woolfman (resigned December 2014).

It is almost beyond belief that this company could secure such funding without planning consent. Perhaps it is not just this community that has been lied to.

The forensic department of the Administrators will be facing a real challenge - but we are sure they up to it. There are multiple questions to answer and the actions of these people will be under the spotlight.

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...and now the land at Crouchland FARM is in the hands of the receivers....

Land at Crouchland FARM (over 400 acres which was owned by William Luttman Johnson) is now in the hands of the receivers.

Crouchland Farm trading as normal, while buyers sought for freehold land.

Receivers at FRP Advisory appointed over farmland.

Jason Baker and Alastair Massey, partners at FRP Advisory, the business advisory firm, have been appointed as Law of Property Act receivers ("LPA Receivers") over the freehold land known as Crouchland Farm ("Crouchland Farm") abutting to, but excluding the farmhouse property.

The farming activities continue as normal over Crouchland Farm, based in Billingshurst, near Plaistow, West Sussex, while the LPA Receivers encourage interested parties in the freehold land to make early contact. The land totals an area of over 400 acres.

The appointment of LPA Receivers over Crouchland Farm follows the the separate appointment on 7 August 2017 of FRP Advisory partners Jason Baker and Alastair Massey, as joint administrators to Crouchland Biogas Limited (“Crouchland Biogas” or “the Company”), a renewable energy producer based in Plaistow, West Sussex. The Company produces energy from an anaerobic digestion plant based on Crouchland Farm. The joint administrators continue to trade the business and retain its 11 staff while seeking new investment and ownership, while maintaining an on-going evaluation of the financial position of the Company in the interests of creditors.

Since inception the plant has produced over 106 GIga Watt hours of electricity, the equivalent power to heat over 100,000 British homes. Feedstock for the plant is sourced locally from the land on the farm and surrounding areas.

More recently the energy business has faced changes in the funding system for renewable energy coupled with pricing declines in the wholesale electricity market. Pressure on Crouchland Biogas' cash-flow became unsustainable under its current financial structure, leaving no viable alternative for ongoing trading other than to seek the protection of administration while marketing the business and assets for sale.
ENDS

Contact - Morgan Rossiter:
James Rossiter, Tania Wild, Sarah Cooper-Lesadd
frp@morganrossiter.com

Farmers Weekly announcement; http://www.fwi.co.uk/business/west-sussex-farm-ad-business-goes-administration.htm

And listen to Radio Sussex interview; http://www.bbc.co.uk/programmes/p059wlk6 from Wednesday morning, (from 1.44 - 1.47 minutes)

CROUCHLAND BIOGAS GOES INTO ADMINISTRATION............

So many questions now present themselves, but the fact remains that Crouchland Biogas is in administration.

http://www.wscountytimes.co.uk/news/business/crouchlands-biogas-in-adminstration-1-8091744

Crouchland Biogas Limited in administration

Administrators at FRP Advisory seek buyers for the biogas business while continuing to trade

Jason Baker and Alastair Massey, partners at FRP Advisory have been appointed as joint administrators to Crouchland Biogas Limited (“Crouchland Biogas” or “the Company”), a renewable energy producer from a plant in West Sussex. The joint administrators continue to trade the business and retain its 11 staff while seeking new investment and ownership. 

The Company, based in Dunsfold, Surrey, has been producing energy since January 2010 from an anaerobic digestion plant at Crouchland Farm in Billingshurst, near Plaistow.  Since inception the plant has produced over 106 GIga Watt hours of electricity, the equivalent power to heat over 100,000 British homes. Feedstock for the plant is sourced locally from the land on the farm and surrounding areas. 

More recently the business has faced changes in the funding system for renewable energy coupled with pricing declines in the wholesale electricity market. Pressure on Crouchland Biogas' cash-flow became unsustainable under its current financial structure, leaving no viable alternative for ongoing trading other than to seek the protection of administration while marketing the business and assets for sale.

Administrators at FRP Advisory were appointed to the Company on 7 August 2017 and all 11 staff have been retained while new investment for the business is sought. The joint administrators will continue to evaluate the financial position of the Company in the interests of creditors. 

Prior to entering administration the Company had lodged an appeal against an enforcement notice from Chichester District Council and against West Sussex County Council's refusal to grant retrospective planning permission for certain aspects of the plant at Crouchland Farm. A decision on those appeals is awaited.  

ENDS

Anyone want to buy it?! Our email address is help@pore.org.uk

Councillor Josef Ransley explains how due process lagging behind technological advances, has contributed to the Crouchland fiasco

Our District Councillor Josef Ransley summarises exactly how the Crouchland Biogas fiasco has reached this stage - and warns of further troubles if this is not stamped out soon.

A highly recommended read for you all;

http://www.chichesterdistrictcouncil.info/blogs/councillor-ransley/index.php/when-process-does-not-keep-up-with-technology-advancement/

This monday - does Planning Policy support expansion of Crouchland Biogas?

THIS MONDAY!

Day 10 of the Planning Inquiry

The tenth and final day of the Inquiry will be THIS MONDAY 31st July, starting at 10am, at The Conference Suite at Brinsbury Campus, North Heath, Pulborough, West Sussex RH20 1DL.

No parking permits are required.

It will be very interesting to see Crouchland Biogas' Planning Policy witness Nick Leaney, from Aardvark EM Ltd, present his case and be cross-examined by West Sussex County Council and Chichester District Council, as well as the Parishes' barrister.

PLANNING POLICY DOES NOT SUPPORT THE DEVELOPMENT IN THIS RURAL AREA WHICH HAS BEEN CONSTRUCTED (WITHOUT CONSENT) WITHIN THE RED LINES SHOWN BELOW.