Impax predicts surge of energy and waste company launches

Significant investment opportunities exist in energy and waste sectors, says Impax Asset Management....

Significant investment opportunities exist in energy and waste sectors, says Impax Asset Management. Managing director Nigel Taunt says over the next five to 10 years a surge of new companies will be established to deal with the UK's need to find alternative solutions for waste disposal. Investing in those companies early on will give investors a leading edge, he says. "I think well over £1bn a year needs to be spent on new waste facilities over next 10 years. It is a lot of construction activity," adds Taunt. One company poised to take advantage of this is New Earth Solutions (NES)...