Future Capital Partners launches eco fund

The vehicle, Bioethanol Partners LLP, aims to raise £135m of equity capital from investors and £195m of project debt, for an estimated total project cost of £330m. Future Capital Partners' CEO, Tim Levy, describes the project as "an opportunity to invest in the green agenda and the demand for alternative fuels." The investment case is underpinned by both legislative developments and growing commercial demand. It is focused on commercialising the requirement placed on fuel suppliers to include a specified amount of biofuels within their products, which will rise to 5pc by 2010. Among...