Wales Property Stephen Farrell

Biomass heater specialist Igen Renewables has agreed a deal on a 30,000 sq ft factory in Ebbw Vale.

The company, founded four years ago, supplies and installs biomass boilers for a range of companies.

It has taken Unit 44 on Rassau Industrial Estate to house its boiler business and to enable it to launch a new biomass fuel-producing company, Dragon Wood Products. It also plans to create at least three jobs following the move.

Igen has signed a ten-year lease on the 29,455 sq ft premises, which sits on a 2.2-acre site.

Co-owner Keith Cannon said: "Business has been going well and the larger new premises will enable us to grow both parts of the business.

"We have taken on a lease but hope to go on and purchase the building at the end of this year."

Cwmtillery Glass Centre, the landlord, was advised by the Cardiff office of commercial property consultancy Knight Frank.