Monnow Valley Biomass Debenture 1
- 8% IRR
- 19 years
Monnow Valley Biomass was set up to help small to medium sized businesses reduce their carbon footprint, as well as reducing their heating costs. This investment funded the installation of six biomass boilers at three businesses, which burn pellets from waste wood sources, to replace old, inefficient heating systems. The company also receives the Renewable Heat Incentive (RHI) for the heat they generate.
Total funded
£300,000
Investors
303
Closed
Dec 2015
Generating renewable heat
Funded a 513 kWth portfolio of biomass boilersReplacing inefficient heating
Cutting carbon emissions and saving moneyHelping local businesses go green
Providing sustainable heat to hotels and holiday accommodation