FTSE-250 environmental infrastructure investor JLEN, ,has acquired Cramlington Renewable Energy Developments Ltd, which owns a Biomass Combined Heat and Power plant and its underlying contracts. The acquisition of CRED, was made on a debt-free basis and represents JLEN’s first investment into a large-scale biomass CHP Plant. Located to the north west of the town of Cramlington in Northumberland the plant utilises proven technology to process a diversified biomass fuel mix, creating up to 28MW of electrical power and 8MW of heat for export via private wire to industrial customers and the grid.