Bruton based Green Energy company, Mishergas Ltd, plans to turn the problem of waste tyres into the asset of a constant source of renewable electricity. Every year there are around 50 million old tyres dumped in the UK. Many are incinerated or shipped abroad; Mishergas will use environmentally friendly technology to transform them into enough electricity on the National Grid for 15,000 homes, 24 hours a day.
To achieve this aim, Mishergas has launched a crowd funding campaign, using people power to make a cleaner, greener future and potential fantastic financial returns on investment. Co founder, Vicki Templar, said “We are now nearly at our target for the so-called “soft launch" to gain the traction to go out on the Seedrs platform to reach our target of £60,000 through the Seed EIS. This means that investors can claim 50% tax relief and enjoy tax free dividends of up to ten times their investment."