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Celtic Renewables (interest)
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Celtic Renewables (interest)

  • 15→9% a year
  • 7 years

Edinburgh-based company Celtic Renewables is using a decades-old fermentation process to extract valuable chemical products from reject potatoes and whisky industry residues. This investment helped fund a new biochemical and biofuel production plant in Grangemouth, Scotland, which has the patents to turn low value residues of the whisky industry into higher value sustainable chemicals and biofuels.

Total funded
£6,319,746
Investors
1,602
Closed
Dec 2017

  • Funding a new biofuel plant

    Scaling up their technology to a commercial scale

  • Reusing waste products

    Processing waste potatoes and whisky residues

  • Reducing demand for fossil fuels

    Biofuels like Biobutanol displace conventional fuels
Celtic Renewables (interest)
Professor Martin Tangney, a director of Celtic Renewables Grangemouth, on site as the plant takes shape
View: Celtic Renewables website