Carbon Direct Capital

Cavendish is proud to have been trusted as sole financial adviser to a consortium of climate-focused private equity impact investors, comprising of Carbon Direct Capital, Lightrock, GenZero and Kibo Invest, on its refinancing and takeover of Velocys.

Velocys is an international sustainable fuels technology company with exciting technology that can provide clients with one of the most sustainable routes to the economic production of drop-in sustainable aviation fuel (SAF) from a variety of waste materials.

Marc Milmo, Corporate Finance Director at Cavendish commented;

“We are delighted with the outcome for our client and for all the stakeholders in Velocys, particularly given the important role that Velocys’ technology can play in solving the energy transition challenge. This was a technically demanding transaction and we very much enjoyed working with the individuals leading the consortium and our fellow advisers.”