Iona Capital Closes Second Welsh AD Contract
Iona Capital, the environmentally focussed investor, has today announced the successful completion of the £7m investment in Biogen Waen Ltd, a joint venture company with Biogen, the UK’s leading Anaerobic Digestion (“AD”) company. The awarded contract is for 15 years and has a secured waste stream provided by the Consortium of Denbighshire County Council, Conwy […]
Iona Capital funds recycled plastics manufacturer
Iona Capital, the environmentally focussed investor, has announced today that it has completed an investment in R3 products Ltd. The company manufactures recycled products principally for use in the engineering and construction markets. The use of recycled materials such as plastics diverts waste away from landfill. R3 Products use three proven moulding techniques to manufacture […]
Iona Environmental VCT Plc releases 18 months Report & Accounts
Iona Environmental VCT Plc has released Company’s Eighteen Months Year Report ended 31 March 2013. You can find the pdf version of the Report & Accounts in our Downloads section. A copy of the IEVCT Eighteen Months Yearly Report and Accounts will shortly be submitted to the National Storage Mechanism and available for inspection at […]
Iona Capital closes first Welsh AD Contract
Iona Capital, the waste-to-energy investment specialist, has announced today that it has completed an investment of £6 million in Biogen GwyriAD Ltd, which is a joint venture company with BiogenGreenfinch, a leading anaerobic digestion operator and developer in the UK. The investment follows the successful award of a 15 year food waste contract by Gwynedd […]
Iona Capital and BiogenGreenfinch Preferred Bidder for AD plant
Iona Capital and BiogenGreenfinch announced on 25th April 2012 that they had been awarded Preferred Bidder status for a long term food waste contract by three Local Authorities in North East Wales (“the Council Hub”). Under the contract BiogenGreenfinch will construct and operate a new 22,500 tonnes per annum AD plant to process the food […]
Iona Capital announced preferred bidder for Welsh local authority AD tender
Gwynedd council has selected anaerobic digestion firm BiogenGreenfinch (Iona Capital’s operating partner) as preferred bidder for the development and operation of an AD plant in Llwyn Isaf, North West Wales. The facility is due to be operational by the summer of 2013 and once fully operational, it will have the capacity to process up to […]
FT Advisor profiles Iona Environmental VCT
The article focusses on how investors can gain exposure to the fast growing waste to energy market. A market which is being driven by Government policy seeking to both reduce landfill and to generate renewable energy The full story can be found on the FT Advisor website in the alternative investments section under the “How […]
Iona Capital completes investment in 1.5MW waste-to-energy facility
Iona Capital Ltd (‘Iona’), the environmental investment specialist, announced today that it has completed an investment of £750,000 in Rosewood Energy Ltd (“Rosewood”), a Joint venture company established with Biogen UK ltd (“Biogen”), a leading UK owner and operator of Anaerobic Digestion (‘AD’) facilities. The investment from the Iona Environmental VCT will finance additional capital […]
Iona Response to Chancellor’s Autumn Statement
Osborne’s Autumn Statement today revealed new measures which positively affect Iona’s investment strategy. One of the main themes for Iona that came out from the announcement is with regards to additional funding ,which is to be provided in civil and environmental infrastructure projects. In particular the Government has established a further £100m of funding specifically […]
Iona Capital launches Iona Environmental VCT
Iona Capital, the UK renewable energy investment specialist, is launching a £10m Environmental VCT to fund waste-to-energy projects, principally focusing on Anaerobic Digestion. The fund offers retail investors the potential for strong tax-free returns and a reduction in income tax bills while providing direct access to a low risk portfolio of Government endorsed waste recycling […]