Environmental

Foresight has been investing in the environmental sector since 2006, focusing on recycling and renewable energy sectors. Our award winning environmental team has wide ranging experience within the sector, combining a range of technical, industrial and financial skills.

Markets for renewable energy and waste recycling are developing rapidly, driven by European and national government regulations and incentives (such as feed-in tariffs for renewable energy and landfill taxes), energy security, high commodity prices, cost reduction and the environmental agendas of companies and individuals.

Foresight addresses these market opportunities with a differentiated investment strategy, focused on developing a series of small to medium scale waste processing and power generation facilities, embedded in local markets through committed supply and off-take arrangements.

Foresight invests in UK and European projects that are environmentally and economically sustainable utilising dedicated funds and through syndication with strategic partners where our understanding of relevant proven technologies and markets provides competitive advantage.

During 2011 Foresight raised the Foresight Environmental Fund (FEF), a £60 million fund in part overseen by the London Green Fund and funded by the European Regional Development Fund (ERDF) and the London Waste and Recycling Board (LWaRB) to invest in recycling and renewable energy projects in the London area, for which Foresight are actively seeking investment opportunities.

In April 2012, Foresight was appointed by UK Green Investments, a team within the Department of Business Innovation and Skills (BIS), now the Green Investment Bank (GIB), to manage £50m (subsequently increased to £68m) of an initial £80m investment fund set aside by UK Government to invest in green infrastructure across the UK.

In 2015 a £50 million investment by the UK Government's Green Investment Bank ("GIB") into a new Recycling & Waste (RAW) Fund managed by Foresight was announced. RAW will target smaller-scale recycling and waste projects (sub £30m) across the UK, with a further £50m to be raised from private sector co-investors to match the GIB's investment.