An assets group has snapped up a green energy project with its floating funds to complete its environmental portfolio.
John Laing Environmental Assets Group has successfully acquired the East London Waste Authority Waste project, just weeks after listing on the London Stock Exchange.
The deal will see the recycling scheme join JLEN’s portfolio of seven solar, wind and waste processing ventures.
“Today’s announcement represents the successful delivery on our promise to shareholders to deploy the funds raised from our listing quickly to invest in a portfolio of seven fully operational Environmental Infrastructure projects,” said JLEN chairman Richard Morse.
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