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”.
READ MORE: Glasgow IT firm to create jobs with right encouragement
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.”
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel