Calash advises Floreat on its Investment into Standard Gas

Calash is pleased to announce that it provided commercial due diligence to Floreat Group, on its investment into Standard Gas, a leading UK carbon-removal company.

Standard Gas is a UK-headquartered technology company. Its SG100 technology produces affordable, clean, carbon-negative energy, while capturing and removing carbon, and transforming waste management for the Circular Economy. A single SG100 plant can generate up to 40,000 MW hours of carbon-negative power, enough for around 10,000 homes, or offices, commercial properties, transportation, and industries. It will also remove up to 25,000 tonnes of CO2e – equivalent to the annual carbon emissions of 5,000 cars. With electrolysis, a plant processing biogenic waste will generate over 650 tonnes of green hydrogen.

Calash provided a technical red flag review alongside a financial model review. The client required a high level review of key technology risks to the business, including its IP protection, technical & operational risk, feedstock capability, commercial mode and insurance protection. This required a deep understanding of the technology, commercial applications and the considerations for impacts on the company’s financial model. 

The Calash team included Iain Gallow and John Corbett. 

Read the press release here

Standard Gas Technologies Ltd is a technology business that captures carbon and renewable energy from waste using a low-cost sustainable alternative. Its advanced thermal cracking technology, used in our SG100 plant, transforms waste into a clean synthesis gas (syngas) and biochar that captures and removes carbon. It does not burn waste, so it has no problematic emissions.

Floreat Group is an independent and privately held financial services group, specialising in providing tailored solutions to professional private clients and ultra-high net worth individuals and their families worldwide.