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Iona Capital – Acquisition of anaerobic digestion power project in Scotland

Iona Capital has acquired a ready-to-build anaerobic digestion (AD) power project in Scotland on behalf of its latest fund. Iona Environmental Infrastructure LP 3 has injected GBP 15m of equity into construction of the 8.8 MW gas-to-grid biomethane project. Further details of the transaction have not been disclosed.