A new fund which invests in recycling and waste management has raised its first target of £10 million since July last year.
New Earth Solutions says it hit the target for its recycling facilities investment sub-fund, which invests directly in waste management facilities.
It was set up in conjunction with Manx-based fund provider, Premier Group, in Ridgeway Street in Douglas.
Premier says despite the recession, there’s still a strong appetite to invest in the waste sector, which offers the potential for good financial returns.
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