Aloe Private Equity
Aloe Private Equity is a private equity investment company that specialises in environmental and socially sustainable investments. It focuses on investing in companies that develop technologies in the sectors of clean energy, waste recycling and eco-process. The company was founded in 2003 by Dr Vivek Tandon and Mr Jean-Pascal Tranié. Aloe has raised and managed three environmental funds.[1] In 2011, Aloe Group won the title of Sustainable Asset Manager of the Year of the FT/IFC Sustainable Finance Awards[2] and in 2012 won the award for Sustainable Investment of the Year.[3] The company’s operations cover Europe and Asia, with offices in the UK, France, India and China.
Type | Private |
---|---|
Industry | Environmental and socially sustainable investments |
Founded | 2003 |
Founder | Vivek Tandon Jean-Pascal Tranie |
Number of locations | London Paris Mumbai Beijing |
Website | www.aloe-group.com |
History
In 2003, Dr Vivek Tandon, Mr Jean-Pascal Tranié and a team of investment professionals formed Aloe Private Equity.
Portfolio
Portfolio companies
Company name | Description |
---|---|
Allied Technologies | Technology company providing solutions for clean air and clean water application to industrial clients |
AgroGeneration | Eco-friendly farming |
EnvironCom | Waste electrical and electronic equipment (WEEE) recycling company in the UK |
Greenko | Clean energy technology company |
Longmen | Coalbed methane technology company |
Maxsys | Technology company that developed an energy-saving product that reduces fuel consumption |
MBA Polymer | Plastic recycling company that has a process to separate mixed plastics from non-plastic material |
Polygenta | PET bottle recycling technology company |
Recupyl | Battery recycling technology company owns recycling technologies that use hydrometallurgy to extract high proportion of materials with existing end battery market |
Source: Aloe Investment Portfolio[4]
Milestone portfolio companies
Greenko Group PLC is an Indian-based green energy company that Aloe Group invested €3.0 million in Feb 2006 for an 88% stake fully diluted.[5] The overall long term strategy was to build or acquire low emission, low waste Integrated Bio-Energy complexes to support India’s energy demand and security while adding value to the European mandatory Emission Trading Scheme (ETS). Initially the company focused on a consolidation of biomass power assets. Greenko sees the prospect of engaging into the aggregation of valuable assets relying on other renewable energy sources like hydro and wind power assets. In November 2007, Greenko Group PLC completed an initial public offering on AIM, London Stock Exchange under the ticker GKO.[6][7] The company is an approximate half billion renewable energy company that is operating in wind,[8] hydro power and biomass.[9]
EnviroCom is a UK based waste electrical and electronic equipments (WEEE) recycling centre.[10] Aloe Group invested in 2007. EnvironCom created a compliance scheme that has been granted permission to act as a UK Compliance Scheme for WEEE recycling.[11] The company is the largest pure-play WEEE recycling company in the UK. It won CIWM Environment Excellence Award[12] and Green Business Award in 2012[13] in the UK.
AgroGeneration is a sustainable producer of arable commodities with a long-term goal to bring fallow land back into agricultural production with efficient and environmentally friendly farming in Ukraine.[14] Aloe Group invested in AgroGeneration in 2008. Given an efficient industrial farming model, low central costs per hectare and the attractive acquisition cost of farming assets, AgroGeneration is able to increase significantly its land under management and its value for shareholders. On March 1, 2010 AgroGeneration was listed on Paris Alternative market of NYSE -Euronext.[15] It is a company now with market capitalisation of € 70m.
Polygenta is a technology company that has a proprietary, commercially proven and patented manufacturing process to produce polyester filament yarn from curb-side post-consumer waste PET bottles.[16] Aloe Group first invested in the company as a part of PerPETual Group in 2007.[17] The company is implemented at the 30000 tpy recycling facility in Nashik, India. The ReNEW process recycle dirty clear and coloured plastic bottles.[18] Polygenta’s plant makes sustainable yarn from post-consumer plastic bottles. The company’s recycling plant in Nashik is capable of producing PET chips, Partially Orientated Yarn (POY) and Drawn Texturised Yarn (DTY) for the Indian textile industry and export markets.[19] Following textiles the other market verticals for ReNew are PET bottle manufacturing as well as PET films and adhesives. This investment won the Sustainable Investment Award of the Year of 2012 from the FT/ICF Sustainable Finance Award.[3]
Achievements and awards
Award | Receiver | Ref. | |
---|---|---|---|
FT/IFC Sustainable Finance Award 2011 | Sustainable Asset Manager of the Year | Aloe Private Equity | [2] |
FT/IFC Sustainable Finance Award 2012 | Sustainable Investment of the Year | PerPETual and Aloe Private Equity | [3] |
Chartered Institution of Waste Management (CIWM) Award 2012 | CIWM Environmental Excellence Award | EnvironCom | [12] |
Green Business Award 2012 | Winner of Waste and Resources Industry | EnvironCom | [13] |
References
- "Aloe | Home". Archived from the original on 2013-02-18. Retrieved 2013-02-15.
- FT Global Conferences & Events:FT/IFC Sustainable Finance Conference and Awards 2011: Where Innovation Meets Impact | Overview
- FT/IFC Sustainable Finance Awards: the winners - Blue and Green Tomorrow
- "Our investment portfolio". Archived from the original on 2013-03-03. Retrieved 2013-02-15.
- http://www.proparco.fr/webdav/site/proparco/shared/ELEMENTS_COMMUNS/PROPARCO/Revue%20SPD%20vraie/PDF/SPD6/SPD6_JP_Tranie_Vivek_Tandon_uk.pdf
- "GREENKO GROUP (GKO) lists on AIM". Archived from the original on 2013-12-14. Retrieved 2013-02-15.
- "GREENKO GROUP PLC ORD EUR0.005 Share Price - Shares - London Stock Exchange". Archived from the original on 2013-12-14. Retrieved 2013-02-15.
- Greenko to add 165 MW wind farms in Maharashtra by May | Business Line
- "Greenko Group - Company Profile". Archived from the original on 2012-12-07. Retrieved 2013-02-15.
- "Environcom,About Us,blue chip companies,environmental permit,Environment Agency,WEEE". Archived from the original on 2013-08-29. Retrieved 2013-02-15.
- "UK's largest" WEEE plant opened by environCom — letsrecycle.com - recycling and waste management news and information
- "Grantham company EnvironCom wins award for recycling innovation | Grantham People". Archived from the original on 2014-03-22. Retrieved 2013-02-15.
- Welcome | The Green Economy Awards
- "AgroGeneration - A sustainable producer of agricultural commodities". Archived from the original on 2013-05-09. Retrieved 2013-02-15.
- Farming Group AgroGeneration Listed On NYSE Alternext
- BBC News - Asia technology comes clean to provide green solutions
- Perpetual
- http://www.perpetual-global.com/company-overview
- "Polygenta - This Way". Archived from the original on 2012-12-21. Retrieved 2013-02-15.