Floreat, an independent and privately held investment group, has completed an investment in energy from waste technology firm Standard Gas Technologies Limited on behalf of Principal Investing Fund I Limited.
The initial £3 million from Principal Investing Fund I Limited (a fund advised by Floreat) will go towards developing Standard Gas’s first full-scale commercial plant in the UK.
Standard Gas provides a low-cost, sustainable alternative to landfills and incineration and can make an important contribution to decarbonisation and the development of the circular economy on the path toward Net Zero.