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Cleantech fund raises further £18 million

Ludgate Environmental Fund (LEF), an AIM-listed investment company focused on clean technology, has raised £18 million of new capital. Fundraising Deals / Thursday, 13th November 2008

FTSE Environmental Index launched

An index has been launched to track the performance of 450 green companies worldwide. The FTSE Environmental Opportunities All-Share Index has been produced by environmental investment specialist Impax Group in partnership with FTSE and contains companies from the new energy, waste management and pollution control sectors. IPO & City News / Thursday, 19th June 2008

Cleantech fund nets £5 million

Triodos Renewables Energy Fund has raised £5 million in the first month of its current share issue. The fund, which aims to raise net proceeds of £8.5 million, will be invested directly in renewable energy projects and companies. Fundraising Deals / Tuesday, 17th June 2008

Savills cuts losses on wind farm

Property adviser Savills has sold its share of a wind farm joint venture to the co-founder of the business, Dutch renewable energy company Koop Duurzame Energie. Koop Duurzame paid £23 million for Savills' 50 per cent stake in the venture. Mergers & Acquisitions / Thursday, 12th June 2008

LCA exits Heliodynamics

Low Carbon Accelerator (LCA), an AIM-listed investor in low-carbon technologies, has disposed of its entire shareholding in solar power specialist Heliodynamics. The progress of the company, in which LCA had a significant minority stake, had lagged the investment firm’s expectations. IPO & City News / Tuesday, 27th May 2008

Foresight completes trio of investments

Venture capital firm Foresight has invested £5 million in Yorkshire-based Land Energy, a producer of wood pellets, £6 million in AWP Environmental, a company that is looking to reduce the amount of potentially dangerous industrial waste, and £3 million in recycling specialist Lynwood. Fundraising Deals / Friday, 28th March 2008

First institutional fundraising for wave energy venture

ORECon, the Devon-based developer of a device to harness energy from waves, has received $24 million (£12.1 million) from a syndicate of European and US venture capital houses. Led by Advent Venture Partners, the syndicate also includes Venrock, Wellington Partners and Northzone Ventures. Fundraising Deals / Monday, 3rd March 2008

Cleantech fund closes eight deals in first year

The Sustainable Technology Fund (STF), managed by venture capitalist E-Synergy, claims to be the most prolific investor in the cleantech sector after backing eight businesses in its first 12 months of operation. It has led funding rounds totalling £10 million, of which £6 million is from its own resources. Fundraising Deals / Friday, 29th February 2008

Businesses miss out on cost savings

Growing businesses across the UK are missing out on cost savings as they remain unaware of the 2006 Waste Electrical and Electronic Equipment (WEEE) Regulations, according to research by environmental consultancy NetRegs.  Business News / Tuesday, 12th February 2008

Toxic soil specialist nets £1.7 million

Envirotreat, a developer of proprietary technologies for the treatment of contaminated land, has won venture capital (VC) financing to expand its business. The funding round of £1.7 million was led by technology-focused investor E-Synergy, which contributed £1 million. Fundraising Deals / Monday, 21st January 2008

Expansion capital for plastics recycler

A recycler of plastic bottles has received £2 million in an investment round led by venture capitalist (VC) E-Synergy. Alternative Waste Solutions will use the funding to support a £14 million expansion of its processing plant in North East England. Fundraising Deals / Monday, 7th January 2008

Boost for business and environment

A £284 million initiative to help business reduce waste and cut costs has been officially launched by Environment Minister Elliot Morley. Business News / Friday, 1st April 2005

Zero waste, substantial returns

Venture capital giant 3i has completed a profitable exit from waste management business Zero Waste. Alongside Aberdeen Murray Johnstone Private Equity, 3i backed the then start-up in 1999 – each firm investing... Mergers & Acquisitions / Tuesday, 21st December 2004

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