Thursday 19 January 2012

Exclusive: Abu Dhabi investment fund targets UK waste sector - 19 Jan 2012 - News from BusinessGreen

The investment arm of Abu Dhabi's green energy company, which commands over $540m of capital, has revealed it is "very interested" in the UK waste sector.
While solar and wind energy may get the most attention, waste management technologies offer the opportunity to scale up to commercialisation more readily, Alex O'Cinneide, general manager of Masdar Capital, told BusinessGreen.
"We are very interested in the UK waste business," he said in an interview at the World Future Energy Summit in Abu Dhabi. "Waste is a huge problem everywhere, [but] the UK gives us concentration of population in various different areas. The landfill tax which is making it very difficult to use landfill – correctly – means there has got to be other ways to process that waste."

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