Gresham House’s British Strategic Investment Fund (BSIF) is investing in a fuel pelleting facility in Teeside that will produce high-calorific value fuel from waste that would otherwise be landfilled.
The facility will produce Waste Knot Energy’s pellets that originate from non-recyclable waste.
The high-calorific value of the pellets makes them a reliable, low-emission bulk alternative to coal and pet-coke for energy-intensive industries, such as cement and steel, said Waste Knot.
Gresham House plc (LON:GHE) is a London Stock Exchange quoted specialist alternative asset manager offering funds, direct investment and tailored investment solutions, including co-investment, in public equity, private assets, forestry, new energy and housing.