REG Living Power
Energy & Renewables
4 bio-power plants totalling 26.2MW
QMPF advised REG Living Power on the modelling and assumptions of 4 bio-power plants totalling 26.2MW. Living Power is using a bio liquid derived from waste cooking oil to generate electricity for the grid during times of peak demand.
The project was seeking £2.5m of funding through the crowdfunding platform Abundance, which fully subscribed the debt on a 7 year term at a fixed rate return of 8%.
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