UK carbon capture specialist Nuada wins £3.4m backing from BGF

clock • 2 min read
Credit: Nuada
Image:

Credit: Nuada

The investment is an extension to Nuada's £4.5m Series A round which was co-led by the Clean Growth Fund and Barclays' Sustainable Impact Capital portfolio

UK-based capital investor BGF has announced it has invested £3.4m into carbon capture company Nuada, formerly known as MOF Technologies. Nuada focuses on carbon capture for hard to abate industries...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

ScottishPower secures £1.35bn for UK grid upgrade projects

ScottishPower secures £1.35bn for UK grid upgrade projects

Debt financing package includes £600m from the National Wealth Fund, alongside funding from a range of banks and investors

Michael Holder
clock 08 May 2025 • 3 min read
Pension schemes 'pulling ahead' of sponsors on ESG progress, LawDeb says

Pension schemes 'pulling ahead' of sponsors on ESG progress, LawDeb says

Research finds finance leaders believe pension schemes are taking a lead on environmental targets and social impact

Holly Roach, Professional Pensions
clock 07 May 2025 • 2 min read
HSBC shareholders urge bank to reaffirm net zero commitment

HSBC shareholders urge bank to reaffirm net zero commitment

Investors managing £1.2tr in assets sign statement to be read at HSBC’s AGM today warning that weakening its climate policies would put it 'out of step' with other European financial firms

Michael Holder
clock 02 May 2025 • 5 min read