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Monsal secures £14 million in funding

The UK’s leading advanced digestion and integrated biogas to energy business Monsal has secured £14 million (€16.85 million) in funding.

Awarded by the Waste Resources Fund (WRF), managed by FourWinds Capital Management, the capital will go towards financing Monsal’s AD company within the UK’s wastewater sector, in addition to providing infrastructure funding for biogas energy from waste products.

WRF will initially invest £4 million in the company, taking an equity stake alongside Monsal’s management team and private equity investor, Matrix Private Equity Partners.

Monsal will thereafter see a further investment of £10 million for projects developed by itself and WRF.