Ireland-based BHSL Hydro, a waste-to-energy company, is close to finalizing a 10 million euros ($11.3 million) funding round.
Additionally, the company has agreed to divest its technology for use in France in a $1.7 million transaction.
The new transaction with Liger Bioconcept opens the door to a new market for BHSL’s fluidised bed combustion system.
The technology was originally developed to convert poultry manure into energy but it is now used in much wider applications.