UK secures first plant for alternative fuel project

AV Dawson’s port facility in Teesside, UK, has been announced as the first site for a revolutionary new alternative fuel project that will support ambitions to reduce landfill and global carbon emissions.

Waste Knot Energy (Waste Knot) has secured funding from Gresham House’s British Strategic Investment Fund (BSIF) to build its first fuel pelleting plant in Middlesbrough, UK.

The plant will produce Waste Knot’s Green Knot branded pellets using non-recyclable waste – otherwise destined for landfill or for another country’s waste facilities. 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.

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.

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