Hazel Capital has raised £41.6 million for venture capital trusts (VCTs), AltAssets reports. The VCTs have already made investments in five projects in the U.K. that qualify for the feed-in tariff (FIT) regime.
These investments include three ground-mounted solar projects, one small wind generation project and one rooftop solar project. Hazel Capital is a London-based specialist investment manager investing in those cleantech sectors which help overcome global resource constraints and achieve a sustainable environment.
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