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New Earth to raise minimum of £15m in equity

Waste treatment and renewable energy company New Earth Group hopes to raise  £15 million in equity to help grow the business and develop energy from waste plants.The three operational sites currently owned by the firm have been financed through its own retail and institutional funds with existing senior debt facilities.A minority stake in the firm will be given in exchange for the equity.Chairman Bill Riddle said: These funds will allow ...

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