Future Capital Seeks GBP135M for 2 UK Biofuel Plants
Future Capital hopes to raise GBP135 million for two planned biofuel plants in the U.K., The Financial Times reports Tuesday, citing the company.
Future Capital wants to secure money from wealthy private investors to construct wheat-to-ethanol refineries in Grimsby and on Teesside that will be able to produce more than 260 million gallons a day - on third of anticipated U.K. demand, the newspaper reports.