Binyamin Ali
Gresham House’s new $380m fund will bet on habitat banks to deliver predicable, government-regulated cashflows.
The firm plans to build out the operation’s project pipeline and innovate in using alternative sources of feedstock.
The manager has also invested into British greenhouses and a land-based aquaculture system in Norway, as it builds out its food infra assets.
The bank’s outlay is part of a C$10 billion growth plan which includes investments in areas such as renewable energy, zero emissions public transport and broadband connectivity.
The greenhouses will be heated by waste heat from nearby water treatment facilities and result in a 75% carbon footprint reduction.