NEWSLETTER SIGN UP SUSTAINABLE INVESTMENT Energy from Waste Energy from waste (EFW) defines a type of incineration that involves burning waste at high temperatures to produce energy. Energy from Waste Iona has developed a portfolio of Energy from Waste (“EfW”) projects to take advantage of the market opportunity as the UK moves towards full diversion of waste from landfill. 5 Stages of Energy from Waste 1 Waste is collected by councils and private companies and delivered to an EfW facility. 2 Waste is then burned at the facility using a proven technology which generates a hot flue gas. 3 Hot flue gasses travel through a boiler, generating steam, which in turn drives a turbine and generates electricity. 4 The Environment Agency sets the limits for the emissions from EfW facilities. All facilities have systems that remove particulates and clean up the gases from the burned waste before they are released through the chimney. 5 Ash is created as a by-product from this process. Metals are recovered for recycling before ash is sent to an ash processing plant to be turned into an aggregate. Case Study: Bridgwater Resource Recovery In November 2018, Iona Environmental Infrastructure LP3 co-invested alongside Equitix in the construction of a new Energy from Waste ("EfW") facility locate in Bridgwater, Somerset. The 7.75MW (net) capacity plant will employ up to 25 full-time operational staff and process approximately 100,000 tonnes of commercial and municipal refuse derived fuel ("RDF") per annum, which would otherwise have been committed to landfill. Find Out More Sign Up To Our Newsletter Are you interested in learning more about Iona? Why not have our quarterly newsletter outlining all things new at Iona Capital delivered straight to your inbox? Name Email Company Role Institutional Investor Intermediary Advisor Investor Individual Receive Our Newsletter! Iona Capital Ltd. 123 Pall Mall London SW1Y 5EA Tel: +44(0) 20 7064 3300 info@ionacapital.co.uk Key Pages Investment Focus About Team Sustainability Investments News Contact Us Useful Information Terms & Conditions Privacy Policy Cookie Policy © 2021 Iona Capital Ltd. Iona Capital Ltd is authorised and regulated by the Financial Conduct Authority with reference number 121887