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Burges Salmon advises Gladsmuir Resource Recovery Limited on the acquisition and refinancing of Scottish Borders energy-from-waste facility

Picture of Nick Churchward
By Nick Churchward
18 Sep 2025 3 min read

We have advised Gladsmuir Resource Recovery Limited (“GRRL”) on the acquisition and refinancing of Gladsmuir Resource Recovery (formerly known as Levenseat EfW), an energy-from-waste facility based in the Scottish Borders.

Gladsmuir Resource Recovery was acquired out of administration by GRRL during Summer 2025, and the plant, which uses gasification technology to convert household waste into renewable electricity, has been renamed to mark this new chapter. GRRL and asset manager Beaverbrook Energy’s ambitions to restore jobs and create renewable power sector opportunities were realised earlier this month with the plant recommencing waste processing and energy export, with the support of operator Cobalt Energy.

Led by energy projects partner Nick Churchward and associate Andrew Parmar-Yee, a multidisciplinary and cross-office team from Burges Salmon’s Bristol and Edinburgh offices advised the GRRL team on energy, real estate, restructuring, finance, corporate, disputes, environment, employment, operations and tax matters.

“We are proud to have supported Beaverbrook Energy and GRRL in this significant transaction, which exemplifies their ability to combine capital and specialist operational expertise to unlock the value of critical, distressed assets like Gladsmuir and the cross-disciplinary expertise and collaboration across our offices. This transaction was complex and fast-paced, requiring our team to navigate evolving developments and respond to last-minute challenges. We look forward to continuing our work with Beaverbrook and GRRL as the Gladsmuir facility embarks on its next chapter.”

Nick Churchward, Partner, Burges Salmon

“We’ve been really impressed with Burges Salmon, with the team’s dedication and exceptional legal and commercial insight on what was a complex and fast-moving transaction. The firm’s collaborative approach and understanding of the sector gave us confidence at every stage. We’re grateful for their support and look forward to continuing our work together as we bring new life to this important renewable energy asset.”

Max Aitken, Director at GRRL and CEO of Beaverbrook Energy

Following the successful completion of the transaction, the Burges Salmon team is continuing to advise on the plant’s operations and optimisation.

Combining sector knowledge with corporate and M&A expertise, Burges Salmon provides tailored advice to support clients on complex transactions in the UK and internationally. The firm’s energy capabilities were recognised in Clean Energy Pipeline’s 2025 Legal League Tables with Burges Salmon ranked as the second most active law firm in clean energy M&A deals, in the top 10 Project Finance table and fifth in this year’s inaugural Influence Factor rankings.

Lawyers involved in the transaction, alongside Nick and Andrew, included: Dixcee Fast and Kirsten Ogg (Real Estate); Emily Scaife, Nick Middleton and Nikita Goodwill (Restructuring); Stuart McMillan, Luke Addison, Alice Burns, Emily Cranston and Kerry Thomson (Banking and Finance); Camilla Usher-Clark, Rebecca Maynard, Ceri Barrett and Joanna Gray (Corporate); Magnus Miller (Dispute Resolution); Michael Barlow and  Helena Sewell (Environment); James Green (Employment); James Horton and Mark Summers (Construction and Engineering); Ian Carnochan, Pritpal Virdee and Pav Jureczko (Tax).

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