Kedco to Sell Stakes in Biomass Power Plants Amid Expansion Plan

Kedco Plc, an Irish developer of power from wood and waste, received approaches from companies seeking stakes in its projects as it adds biomass plants in the U.K.

British and international companies are interested in buying equity stakes in its assets, Chief Executive Officer Gerard Madden said by telephone. Kedco intends to retain “significant equity” in any project it builds, owns and operates, he said.