ITI Energy – Initial investment
Next Wave makes growth capital investment into ITI Energy Limited, a world leading clean technology business
The investment will be used to support the business as it grows and develops its pipeline of projects that will use ITI’s patented gasification technology.
ITI Energy is a groundbreaking cleantech company which targets two of the world’s major environmental concerns 1) Generation of clean energy and 2) Strategies to manage landfill waste.
ITI’s patented gasification technology, combined with the most up-to-date clean-up systems available means it is able to convert municipal waste into energy more efficiently than any technology currently known. ITI has a substantial pipeline of projects at different stages of the development process with huge potential for global expansion.
The company’s strategy is to provide a turnkey solution encompassing its gasification technology, feedstock handling and ultimately electricity generation equipment. In addition to providing the initial turnkey solution, ITI will also continue to own and operate its power plants along alongside its development partners.
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