Impax predicts surge of energy and waste company launches

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), which has a twofold approach by launching funds in this arena and creating waste treatment facilities...