LONDON: TradeLink Solutions (TLS) Energy Group, based in Hertfordshire, England, is attempting to increase its affect on the European small hydro market by seeking US$3.7 million in investments through a bond initiative backed by Triodos Bank N.V.
Working in partnership with Triodos Bank N.V., TLS Energy Group subsidiary TLS Hydro Power Ltd., “will raise funds for use to finance the development of new hydropower schemes including a 1 MW project in the Perth and Kinross district of Scotland,” according to Triodos Bank. The bank is based in the Netherlands and licensed to operate in the UK.
TLS Energy Group Chief Executive Officer Bob Middleton, said, “TLS Hydro Power has a 15-year track record and I believe this bond issue provides a fantastic opportunity for existing customers and new investors to support our business through the next stage of growth.”
