COP26 and Aristotle

The report made to the UK Parliament following the conclusion of COP 26 referenced Aristotle and reminded us that Aristotle taught that virtue comes not from reasoning and instruction but from habit and practice. The success of COP26 will lie not just in the making of promises but in adopting the programme of work to…

Low Carbon Innovation Fund 2 invests in Switchd

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced an investment by Low Carbon Innovation Fund 2 (LCIF2) in Switchd. This forms part of a capital raising round of over £1.2 million in which other investors included Nationwide Building Society, Inspired Energy and Crowdcube. Switchd offers energy supply switching services, including…

Low Carbon Innovation Fund 2 invests in environmental weeding company Weeding Technologies

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced its 13th deal for the Low Carbon Innovation Fund 2 (LCIF2), a £300,000 investment in Weeding Technologies. LCIF2 led the £890,000 equity round, which included Calculus Nominees and SFC Nominees as co-investors. Weeding Technologies sells market-leading, herbicide-free weed control machines to municipal…

Low Carbon Innovation Fund 2 makes follow-on investment in Spark EV Technology

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced a follow-on investment by Low Carbon Innovation Fund 2 (LCIF2) in its existing portfolio company, Spark EV Technology. The investment is part of the company’s £250,000 capital raising round involving both existing and new shareholders. Spark EV Technology is a category leader…

Turquoise’s latest podcast: Chinese Outbound M&A

In our latest podcast, Turquoise managing director Ian Thomas interviews colleagues Francis Wright (managing director) and David Wright (director, China) on all matters Chinese outbound M&A. Turquoise advises Chinese corporates on acquisitions in the UK and Europe. The podcast covers key insights from the team, including: The opportunities Chinese companies are seeking with outbound M&A…

Low Carbon Innovation Fund 2 invests in bio-bean

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has invested in bio-bean for the Low Carbon Innovation Fund 2 (LCIF2). The investment of £350,000 is part of an overall round of £1.25million.  The round was led by LCIF2 with the participation of 2Enable Partners, Stellar Impact and the Gresham House Renewable Energy…

EG Group Invest in Hydrogen Vehicle Systems (HVS)

Scotland-based HV Systems (HVS) has secured a £5 million capital injection from Beehive Equity Limited, a wholly-owned subsidiary of EG Group (EG). Multiple award-winning HVS will now take its innovative hydrogen vehicle designs through prototyping and demonstration, allowing manufacturing to commence. There has been much said about impending bans on the sale of new petrol…