Yes, that was my view. Thanks.
The current boiler needs replacing but there had not previously been any decision to replace it with a biomass bolier. This proposal has recently come forward.
The costs are primarily a lump sum of professional fees from advisors, legals, etc. in order to merge a number of pensions schemes, resulting in substantially lower costs of administering the schemes during the remaining life of the scheme, i.e. 20+ years.