Investor Targets Farm Scale Anaerobic Digestion Biogas Projects

London based environmentally focused investment firm, Iona Capital has completed an investment into JFS Howla Hay Biogas - a joint venture company with biogas developer JFS & Associates and a family run Farm in North Yorkshire. According to Iona – which has made a number of previous investments in Anaerobic Digestion (AD) projects - it is providing funding for the development a pipeline of 20 agricultural AD projects planned by JFS. The investment firm explained that JFS & Associates will act as a development partner and construct a new 250kW AD plant at Howla Hay Farm, Guisborough, North Yorkshire with a planned operational date of January 2014. The farm will provide the required feedstock and the electricity generated will be sold to the National Grid - benefiting from Feed in Tariff Scheme. By-products such as fertilizer and heat are also intended to be utilised. “This investment is the second of a series of similar investments we have planned with JFS associates. These investments serve to demonstrate our on-going commitment to the AD market which now includes both agricultural and food waste AD facilities," commented Mike Dunn, director at Iona Capital. Read More Video Spoof of Machine that Produces Gold and Energy from Waste A spoof video purporting to herald the launch of a waste digesting 'Disertator', which is made from meteorites and can transform waste into energy, petroleum and gold, was among this year's April Fools internet pranks. Waste to Energy and Biogas Promoted in Nepal The Nepalese government's Alternative Energy Promotion Centre has launched a 'Waste to Energy Bazaar' to promote the recovery of energy from wastes to municipalities, NGOs, enterprises, industries and communities. Biogas Tax Credit Bill Welcomed by Industry in U.S. The introduction of a tax credit bill which would provide a 30% investment tax credit for qualifying biogas technologies in the U.S. has been welcomed by the American Biogas Council.