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.
Fund has a target of $600m, which it plans to reach by next year, according to Kommersant
Existing investors including Institut Català de Finances also take part in the financing
Biotech company initially raised €12m in December 2018
Amount includes the capital raised by Eurazeo Growth III, which has now collected more than €500m