Iona Capital

Iona Capital Ltd is a specialist fund manager based in London and Manchester, focused on investing in bioenergy infrastructure projects across the UK. Founded in May 2011, the company comprises a team of experts in waste management and renewable energy, who oversee long-term infrastructure initiatives. Iona manages funds for institutional investors, targeting relatively low-risk environmental infrastructure assets while aiming for double-digit returns. The firm has made significant investments in various projects located in England, Scotland, and Wales, reflecting its commitment to advancing the bioenergy sector and promoting sustainable energy solutions.

Phil Davies

Director

Paul Delo

Business Development Director

Michael Brian Dunn

Director

Stuart Gordon

Investment Director

Ewan Gorford

Investment Manager

Michael Leclerc

Investment Manager

Graham Mackenzie

Investment Director

Peter Mills

Director of Operations

Nick Ross

Director

Julia Safiullina

Investment Manager

Alexander Todhunter

Investment Director

Mark Whitehead

Investment Director

Ross, Nicholas Robert William

Co-Founder and Director

22 past transactions

Shawton Energy

Venture Round in 2021
Shawton Energy delivers roof-top solar for commercial & industrial developments.

Cumbria Biogas

Acquisition in 2016
Cumbria Biogas Limited owns and operates renewable power plants.

North West Biomass Ltd

Venture Round in 2016
North West Biomass Ltd owns and operates a combined heat and power generation plant.

Mochdre Biomass Ltd

Venture Round in 2016
Mochdre Biomass Ltd owns and operates a biomass combined heat and power generation plant.

Brocklesby Biogas Ltd

Venture Round in 2016
Brocklesby Biogas Ltd operates an anaerobic digestion plant which provides food waste recycling and management solutions.

Whitchurch Biogas

Venture Round in 2016
WIS provide a bespoke plant built around flexibility for the AD process with the electricity.

New Mill Biogas Ltd

Venture Round in 2016
New Mill Biogas Ltd is an anaerobic digestion plant located at New Mill farm in Thormanby near Easingwold in North Yorkshire.

Gravel Pit Biogas

Venture Round in 2015
Gravel Pit Biogas Ltd owns and operates as a biomethane production plant.

Advantage Biogas

Acquisition in 2015
Advantage Biogas Limited provides service and support services to biogas plants in the United Kingdom. It also provides operational, maintenance, and biological services to maintain the optimization of site operation which include design and project management for new build and refurbishment projects, combined heat and power engines (CHP), biological support, plant optimization, and cavitations. The company was incorporated in 2015 and is based in Pershore, United Kingdom.

Leeming Biogas

Venture Round in 2014
Leeming Biogas site will be fed with approximately 50,000 tonnes of food waste, sourced locally. It will be operated as a gas to grid plant and produce around 1500kW per hour of energy. The waste heat that is generated with be available to local farm contractors as well as the digestate being spread to benefit local farms.

St Boswells Biogas

Venture Round in 2014
St Boswells Biogas contributes to the reduction of green gas emissions into the atmosphere by processing farmyard slurry and chicken manure, as well as maize and grass silage.

JFS Wray House Biogas

Venture Round in 2014
This project has been awarded planning consent and work will start in mid April 2014. The manure from 600 beef cattle will feed the plant and will be bolstered by additional potato waste from the farm.

Keithick Biogas

Venture Round in 2014
Keithick Biogas provide over three million cubic metres of biomethane each year for introduction to the gas network, as well as a biofertiliser, which is spread on local farmlands.

JFS Washfold Biogas

Venture Round in 2013
Metcalfe’s Farm located in Leyburn will be a 200kW plant and has over 900 milking cows in residence. This joint venture with the farm and JFS & Associates Ltd is backed 100% by JFS funding. The anaerobic digestion plant will generate 200kW per hour and will help the farm to improve their diverse trades of bus haulage and the dairy business.

JFS Westholme Farm Biogas

Venture Round in 2013
This case study will show the great difference biogas plant can make to a pig breeder. Over the 150 acre site the plant will be fed by farmyard manure and slurry from the breeding and fattening operation as well as maize silage. This will generate 500kW of energy per hour. All of the waste heat generated for CHP (combined heat and power) will be diverted back into the farm to create under floor heating for the farrowing sows during their unique gestation period of 3 months, 3 week, 3 days.

Washfold Biogas

Venture Round in 2013
Biogas Limited (“Advantage”). Advantage provides support services to Biogas plants in the UK focusing on routine maintenance, health and safety reports, plant optimisation and biological services.

JFS Home Farm Biogas

Venture Round in 2013
This organic farm, part of the Riverford Organics Company is based in Newby Wiske. The 800 acre farm is a great example of how a biogas plant can help grow and diversify a farming business. The plant will be fed by spoiled vegetables, pig manure, hen waste and grass silage and operate at 200kW per hour. All of the waste heat generated will be directed to further diversity on the farm, to develop greenhouses and out of season growing to help extend the organic vegetable business.

JFS Howla Hay Biogas

Venture Round in 2013
Howla Hay Farm is a 200 acre site, situated near to Guisborough, in Redcar & Cleveland. The tenanted farm farms a mix of suckler herd with over 1200 fattening pigs. The anaerobic digestion plant will be fed with manure from the livestock and topped up with grass and maize silage as well as fodder beet.

Stanley Renewable Energy

Funding Round in 2012
Stanley Renewable Energy project is based in Ponsonby in Cumbria. A working family farm over 650 acres with over 2000 fattening pigs and 100 wintered cattle. The plant will be fed manure and grass silage and will provide sufficient energy to heat the farm and out buildings to provide warmth to develop the pig rearing operation currently in development.

Biogen Waen

Venture Round in 2012
Biogen Waen Limited designs, builds, owns, and operates anaerobic digestion plants. Its anaerobic digestion plants recycle food and other organic wastes to produce renewable electricity for the national grid, and bio-fertilizers for use on local farmland. The company treats food waste from local households and businesses. It serves a range of customers, including local authorities in England and Wales. The company was incorporated in 2011 and is based in St Asaph, United Kingdom. Biogen Waen Limited operates as a subsidiary of BIOGEN (UK) Ltd.

Biogen Gwyriad

Venture Round in 2012
Biogen Gwyriad designs, builds, owns and operates commercial scale, anaerobic digestion (AD) plants which recycle food waste to generate renewable energy and biofertilisers for farmland. The company collects food waste from supermarkets, restaurants, households, and manufacturers, and depackages and processes them to product biogas. This biogas is then captured and used to generate renewable electricity for grids, after which its excess is put back in farmland to aid the growth of crops. Biogen Gwyriad is based in Milton, Lancashire.

Rosewood Energy Limited

Venture Round in 2012
Rosewood Energy Limited generates electricity from biogas. It was incorporated in 2012 and is based in London, United Kingdom.
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