Transactions
Capital-raising operation
Ludgate Environental Fund (LEF) injects 3M€ in Terra Nova
January, 2010
Terra Nova, a company dedicated to the recycling of electronic cards, has raised 8,1 million euros from investors, in order to finance the construction of a processing chain and recycling factory on the metallurgic site of Isbergues (North county). Site is expected to open beginning 2011.
The major investor is Ludgate Environmental Fund (LEF), the British fund specialist of cleantech companies.
By injecting 3 million euros, LEF will hold 25% of the capital of Terra Nova.
Thomas Buffin, partner, and Florence Loyez-Pierard, attorney, assisted Terra Nova in this deal.
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