
Zouk invests in alternative fuel provider
Zouk Capital has invested in German alternative fuel provider FFK.
The investment stems from Zouk's latest fund, Cleantech Europe II, which closed on €230m in June 2011.
With Zouk's support, FFK will pursue its growth strategy.
Company
FFK Environment GmbH is a producer of refuse-derived fuel (RFD). The fuel is produced from waste and can reduce the carbon footprint of high emissions industries, like power and cement. FFK has an annual capacity of 280,000 tons of fuel. The company mainly exports to Poland.
The company is family-run and was founded in Peitz near Cottbus.
People
Dr. Alois Flatz, who led the deal of behalf of Zouk, will be joining the board of FFK.
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