Ludlow renewable energy firm recruiting after cash injection
A renewable energy business in Shropshire is recruiting more staff after securing a cash injection from a private syndicate.
Anaerobic digestion specialists Evergreen Gas,based in Woofferton, near Ludlow, is remaining tight-lipped about the size of the investment but currently has five or six jobs on offer as a result.
The investment deal, which follows months of planning, involved four key investors who represent a number of companies with expertise in the renewable energy, engineering and waste management sectors.
Evergreen Gas has also announced that that Peter Jarema has been appointed managing director of the company, enabling Michael Chesshire to take a step back from the day-to-day management of the business.
The company says the latest investment will enable it to open up avenues for new products and services in wider markets.
Businesses in the investment portfolio include Barden Energy, Meltech Engineering and Serious Waste Management.
Mr Jarema said: "This is an exciting time to be part of Evergreen Gas and I feel very privileged to be able to lead the company into the next phase of its development, which will see the company positioning to be increasingly responsive to the needs of the AD and renewable sector."
Office manager Beth Tipton declined to disclose the size of the investment but said: "We have been recruiting quite heavily recently and the company has been growing at a rate.
"We are looking for five or six new staff as a direct result of this investment."
Anaerobic digestion is a process that uses micro organisms to break down certain types of waste.
It can produce biogas that can be burned to generate electricity or heat. Natural gas can also be produced as well as engine fuel.