Greenlight AD Power, a holding company behind a proposed anaerobic digestion platform, has raised £16m from Greensphere Capital, the sustainable energy-focused private equity firm chaired by Jon Moulton.
Greensphere Capital committed £8m from its proprietary fund, contributing the remaining £8m from the UK Green Sustainable Waste and Energy Investments vehicle, which it manages on behalf of the UK Green...
In line with previous investments by the GP, the business will grow via a buy-and-build approach
Offer values the company’s shares at €139.6m and will be followed by an Euronext IPO
Estonian wood products company becomes first acquisition from Baltic GP’s inaugural fund
The Taliinn-based VC firm is backed by part of Skype’s founding team