BGF Invests Over £3m In Nuada

BGF has invested over £3 million in Nuada, a UK-based company that is redefining the capture of carbon dioxide from foundational and hard-to-abate industries.

Carbon capture is an essential climate technology that is required to meet global climate goals. Nuada's next-generation 'heatless' capture technology is removing the deployment barriers of energy intensity and cost, enabling industrial emitters to decarbonise their operations efficiently and economically.


Nuada is working with leading cement manufacturers (Buzzi Unicem, Heidelberg Materials and Cementir Holding) and is currently deploying a first-of-a-kind plant at Buzzi Unicem's Monselice plant in Northern Italy. The funding from BGF will support the construction of an additional pilot plant at an energy-from-waste facility in the UK, which will showcase the versatility of Nuada's award-winning technology.

Dr Conor Hamill, Co-Chief Executive Officer of Nuada, said: "There is no Net Zero without carbon capture. However, incumbent solutions are notoriously costly and energy intensive. Investment from BGF will further catalyse the scale-up and deployment of our technology, ensuring we are primed to efficiently decarbonise heavy industries."