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New UK company formed to offer green oil investments with 80% positive returns in five years |
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| News - Latest | |||
| Written by Ray Clancy | |||
| Friday, 25 June 2010 08:20 | |||
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New investment opportunities offering up to 80% positive returns within a five year programme has been launched by a UK renewable energy company. Green Oil Plantations (UK) says its new biofuel programme is committed to harnessing environmental benefits with profit by developing sustainable biofuel producing plantation crops with enhanced yield and improved quality for the energy industries. It says that world demand for energy is forecast to increase by 65% between 2010 and 2030 And UK investors can now benefit from its ‘safe’ biofuel producing plantation investment opportunity located in Cairns Hinterland, Queensland, Australia. It is initially offering two investment programmes to suit investors’ needs. Both opportunities are available within the company’s biofuel plantations in Queensland and managed by its wholly owned subsidiary, Green Oil Plantations Holdings (Pty) Ltd. The crop of Millettia Pinnata is protected through CGU Insurance against weather, fire and clients’ loss of income. Investor’s capital is secured for the amount invested through a mortgage debenture against the company’s assets which include the unencumbered freehold land title. It says its short term five year Super Intensive Biofuel Programme promises 80% return with capital returned at the end of year five for a minimum investment of £10,000 while its 20 year Land Licence Programme offers up to 17% returns paid annually, capital returned at the end of investment and an easy exit strategy from year 10. It is SIPP approved, expects a total of 313% paid over the full term and has a minimum investment £16,000. ‘The world is running out of oil. We have been looking to build a green oil investment company for many years. Initially we researched the whole market from Jatropha plants through Palm and other established species,’ said Patrica Ellis, co-founder and Director of Green Oil Plantations. ‘By pitching all varieties’ benefits against each other it became clear that the future for UK investors wishing to invest in green oil lies with a plant called Millettia Pinnata. In the most simplest of terms, Millettia provides many benefits over other species of green oil producing plants including a productive lifespan of over 70 years, the ability to grow in arid conditions, it’s carbon credit status and the overall quality of the oil it produces. The tree is also a native of Australia and people have used its oil for over 1000 years,’ she explained. ‘Australia is recognised as a powerhouse of biotechnology and green energy innovation. With Green Oil Plantations we are able to offer UK investors the opportunity to invest in biofuel in a safe and assured manner. We have built in protection for our client’s cash or SIPP contributions and are looking to give safe and risk adverse returns,’ she added. Tom Gilmore, Mayor of Tablelands Regional Council in Queensland, Australia, said the state is a leader in the production of green energy. ‘The trees bring massive benefits to the environment as each hectare of a super intensive crop can absorb over 50 tonnes of CO2 from the atmosphere each year,’ he added.
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