Future Capital Partners
(FCP) has been awarded the "Best Development or Private
Capital Investment 2011" at the
inaugural Climate Change Investment Awards.
FCP emerged victorious against a number of major European fund
managers and investment houses. The category was open to
any company using development capital or private equity to
invest in climate change investments, including managers of EIS,
VCT, private equity funds, closed ended vehicles or specialist
Aim-quoted companies.
The awards, run by Investment Week and held on the 10th
November, recognised FCP's Future Fuels investment for its
innovation and outstanding returns. Future Fuels is an investment
partnership that will fund and build a bioethanol plant in Grimsby.
The investment expects to make annual returns of over 30% for
its investors.
In presenting the award, Lawrence Gosling (Group Editorial
Director, Incisive Media) acknowledged Future Capital
Partners' steadfast commitment to the Renewable Energy sector and
in delivering a unique and exceptional UK development investment
opportunity for the retail equity market. The judging panel
highlighted FCP's expertise in the renewable energy sector,
stating: "[we] were impressed with Future Capital Partners' focus
on a wide spectrum of renewable energy investments. Its
contribution to advancing technologies in this area is well thought
through. A company that has its finger on the pulse."
Piers Denne, Head of Sales & Marketing, said:
This is a fantastic achievement against strong opposition,
many of whom are Europe's largest investment houses and
funds. The judges have recognised both the innovative
ethical approach and outstanding potential of the Future Fuels
proposition. As well as delivering exceptionally high returns, the
bioethanol produced will deliver a carbon saving equivalent to
removing 60,000 cars from the road every year. We believe that all
investors should be looking at renewable energy, both as an
investment and as a contribution to combating global
warming."
Jonathan Turney, Associate Director, added: As the
competition for these awards indicate, investing in climate change
is becoming increasingly mainstream and popular. Renewable energy
investment opportunities not only offer a diversified and balanced
investment portfolio using uncorrelated financial products, they
also providing a crucial benefit in supporting the technology to
tackle climate change. This applies to all renewable energies, but
we feel bioethanol is particularly important to the fight against
global warming. Transportation contributes a quarter of all
greenhouse gas emissions, with 80% of that coming from road
transport and half of that from cars. UK bioethanol offers a
sustainable and profitable solution to solving that problem and to
meeting EU and UK mandated climate change targets.
The awards are aimed at fund managers and companies operating in
the Renewable Energy sector, and thereby promoting a greater
understanding of climate change and creating opportunities for
investment.