Invecta intends to build nine medium-sized combined heat and power plants totalling 90 megawatts, located primarily on existing industrial parks or brown-field sites in Scotland. The plants will employ established pyrolysis and gasification technologies, using “locally sustainable and managed wood” as feedstock.
The fund will target an 8% annual return. Invecta says it is aimed at producing “stable, recurring cash flows” which, unlike solar- and wind-energy projects, are not dependent on the weather.
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