The plant has been developed by TEG Environmental, part of TEG Group, and has the capacity to process up to 50,000 tonnes per annum of food and green waste.
It will generate approximately 1.4MW of electricity, sufficient to power approximately 2,000 homes and also produce thousands of tonnes of compost for agricultural use.
Foresight has raised the full capital required to fund the facility, through TEGBL of which TEG Group has taken a 24.5% stake.
TEG Group CEO Mick Fishwick said, "I am delighted to see the Dagenham plant completed on time and on budget and that it has now been passed across to its owners.
"This project once again demonstrates TEG’s ability to take a plant from the drawing board to full commercial production and we look forward to operating and maintaining the plant for the coming 15 years, while we continue to develop and build further UK based IVC and AD plants."
