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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