A SCOTTISH renewables company is launching a crowdfunding campaign to support its commissioned biorefinery in Scotland.

Edinburgh-based Celtic Renewables specialises in the Acetone-Butanol-Ethanol fermentation process which converts local low value materials into low-carbon, high-value, sustainable products.

It said it is to launch the Crowdcube funding campaign “on the back of investor appetite to fund companies with environmental, social and governance (ESG) factors”.

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The commissioning of Celtic Renewables’ biorefinery in Scotland in Grangemouth – the first of its kind in the UK – is on track for spring 2021 and after £30 million funding already raised, the business is “poised to play a pivotal role in the UK’s transition to a net-zero economy”.

Professor Martin Tangney, founder, said: “There is no doubting the awareness around sustainability, however by enabling the public to become shareholders in the company, we hope to promote a deeper understanding of the importance of industry-led innovation in achieving environmental change.”