TEG Biogas energy plant opens in East London
24th Apr 2014 13:55
Energy group TEG Biogas announced its new energy plant in Dagenham, East London, which received financial backing by UK Green Investment Bank, has been opened and is operational. The renewable energy plant, which was opened on Wednesday by MP Vince Cable, is London's first anaerobic digestion and c
Read moreTEG Group reveals 'disappointing' second half
31st Jan 2014 10:45
Green technology firm TEG Group declined on Friday after saying it had experienced a 'disappointing' second half as a result of a number of one-off administrative charges and a delay in closing the Gaydon project. The group was unable to reach financial close on the project by the end of 2013, as
Read moreTEG Group subsidiary secures waste management contract
18th Jun 2013 07:59
TEG Environmental, a subsidiary of AIM-listed organic waste management company The TEG Group has been awarded a new contract by Perth and Kinross Council for the treatment of co-mingled food and green waste, green waste and food waste at its In Vessel Composting (IVC) and Anaerobic Digestion (AD) pl
Read moreSubsidiary of waste manager TEG Group awarded council contract
11th Jun 2013 14:23
TEG Environmental, the subsidiary of AIM-listed organic waste management company TEG Group, has been awarded a contract from Nottingham City Council for green waste composting at its Simpro Oxton site. The group said that the contract would commence in June 2013 and would be for a three-year term
Read moreTEG Group trims losses
18th Mar 2013 07:56
Biomass firm TEG Group reduced full year losses, after a strong second half performance, and as it hailed a milestone year. The Lancashire based aim listed green technology firm narrowed loss before tax and exceptional costs to £1.13m for the year ended December 31st 2012 from £1.74m the year befo
Read moreTEG Group's shares rise on waste management contract
22nd Feb 2013 10:00
Biomass company TEG Group has scored a contact with a major waste management company for organic waste composting at a number of its sites. Under a six-year deal starting in the second quarter of the year, the company will handle about a volume of waste of about 15,000 tonnes per annum. Overall re
Read moreTEG shares gain on strong revenues
10th Jan 2013 09:14
Shares in TEG Group soared Thursday after the biomass group announced a strong performance in 2012. The company's shares rocketed 19.44% to 5.38p as it released a trading update showing business had exceeded the board's expectations. The UK business, which specialises in organic waste technology
Read moreTEG to raise cash and go it alone
6th Jun 2012 08:45
Up for sale green technology company TEG Group has decided to go it alone but it needs a cash injection from shareholders to tide it over while it waits for payment for completed work to feed through. The company put itself up for sale back in January and received some indicative proposals from int
Read moreSmall caps round-up: TEG, Deltex, Ultrasis...
4th Apr 2012 09:12
Loss-making green technology company TEG Group has entered into a further contract with recycling firm Viridor to process additional volumes of green and food waste in TEG's network of facilities. The contract will run until April 2014. The revenue over the term of the contract will depend upon the
Read moreSector movers: Financial stocks lifted by Man
1st Mar 2012 15:58
A 10 percent rise in Man Group's share price pushed the financial services sector to the top the pile today after the hedge fund manager reported a more generous dividend policy and a slow-down in the net outflow of funds. The group said funds under management (FUM) at the end of February clocked i
Read moreTEG widens losses
20th Sep 2011 12:07
Green technology company TEG Group widened losses after it said delays hit some of its key high margin projects. The firm reported a loss before tax of £798,000 in the first half of the year, compared to a loss of £376,000 in 2010. The firm said it would not pay a dividend. TEG, which develops an
Read moreTEG and Alkane to form biogas JV
31st Aug 2011 10:15
AIM-listed green technology company TEG and energy company Alkane are to form a joint venture to handle the contract for a new plant in north-east Wales, which will convert food waste into electricity and fertiliser. The 15-year contract, which guarantees a supply of food waste to the facility f
Read moreTEG Group narrows FY losses
14th Mar 2011 07:22
Green technology firm TEG Group narrowed full year operating losses as revenue increased 35%. "The overall market has continued to grow as Local Authorities increasingly implement the separation of organic wastes from the municipal waste stream and the private sector increases its level of organic
Read moreSmall cap round-up: Adventis, Alexon, Somero...
27th Jan 2011 17:48
Marketing agency Adventis' healthcare business has experienced a 'very considerable' downturn and will post a £0.26m loss for the full year. Full year results may also contain a significant goodwill impairment charge. For the full year underlying profits will be approximately £0.45m. Clothing gr
Read moreOFT investigates anaerobic digestion opportunity
21st Jan 2011 14:54
The Office of Fair Trading (OFT) is investigating the market for the treatment of organic waste in order to assess whether there are appropriate incentives for technologies such as anaerobic digestion. It is government policy to encourage the generation of energy from waste through anaerobic dige
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