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Article: United KIngdom : Invicta Capital plans [pounds sterling]300m fund to invest in Scottish biomass power plants.

Article from:
TendersInfo
Article date:
November 9, 2009
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Byline: pinto03

Invicta Capital, which provides investment opportunities for private clients, is seeking to raise a [pounds sterling]300m fund dedicated to the construction and operation of biomass combined heat and power plants in Scotland.

The portfolio is intended to consist of nine medium-sized plants, primarily located on existing industrial and business development parks or brownfield sites in Scotland, with a total generating capacity of up to 90MW of electricity, enough to supply 140,000 homes. The plants will be powered by locally sustainable and managed wood.

During the operation of the plants, Invicta said the fund would target a ...

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