Deal Overview
Aerospace Energy provides heat and power to the Mettis facility under a private wire agreement enabling the manufacturing of precision forged and machined components for the aerospace industry.
The fund’s long-term investment in the project, which provides low carbon energy at a significantly reduced cost, is designed to provide Mettis with a basis for differentiating itself from its competitors.
Investment Name | Aerospace Energy UK Ltd |
Location | Redditch, Worcestershire |
Deal Closed | November 2018 |
Technology | Combined Heat and Power |
Carbon Savings | N/A |
Iona Capital Ltd.
123 Pall Mall
London SW1Y 5EA