The deal is expected to enhance the company’s offerings of woodchip and pellet powered boiler systems.
Raggnar can now design and install up to 20MW systems to feed the largest off-grid district heating schemes as well as support customers with big biomass systems to serve entire large villages.
Raggnar CEO Nigel Perkins said: "This deal allows Raggnar to offer customers a wider range of biomass technologies, including systems big enough to heat a large village, airport, manufacturing plant, university campus or hospital.
"It is an important step on our mission to help people and businesses become entirely reliant on clean, low-cost renewable energy."
With these rights, the company will be able to serve large distilleries and food processing plants which use steam to clean their equipment.
"With investors queuing up to fund new biomass builds and reap a return from the Government’s Renewable Heat Incentive Scheme, we soon expect to be installing this tried and tested technology at no charge thanks to our new biomass investment vehicle," Perkins added.
