New Earth Solutions Group Introduces Fund For Waste And Renewable Energy Space

New Earth Solutions Group, the UK waste treatment and resource recovery company, has intended the launch of the New Earth Recycling and Renewable Energy Sub Fund, as part of The Eclipse Investment Fund Protected Cell Company for specialist investors. The

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New Earth Solutions Group, the UK waste treatment and resource recovery company, has intended the launch of the New Earth Recycling and Renewable Energy Sub-Fund, as part of The Eclipse Investment Fund Protected Cell Company for specialist investors.

The New Earth Sub-Fund will invest directly in NES’s waste treatment facilities and in the renewable energy projects of NES’s sister company New Earth Energy.

It is intended that the New Earth Sub-Fund will be quoted on the Channel Islands Stock Exchange and managed by The Premier Group (Isle of Man), the specialist investment fund provider.

The minimum investment in the New Earth Sub-Fund will be GBP 250,000. Its first dealing date is anticipated to be 1 June 2009.

“We are launching the New Earth Sub-Fund in response to demand from institutional investors keen to build their exposure to the waste and renewable energy sectors,” says Adrian Jones, finance director, NES.

“Along with existing facilities, NES and its sister company NEE have a substantial pipeline of projects to finance. The New Earth Sub-Fund will invest in these projects, thus helping to ensure the development and growth of our network of facilities throughout the UK.”

L.D.

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