The invasion of Ukraine has pushed alternative energy sources higher up the global political agenda as the fuel taps are being switched off from Russia.

MetalNRG’s (MNRG) remit is to secure exclusivity and develop a pipeline of “shovel-ready” waste-to-energy and waste-to-fuels projects, and it has appointed investment banking firm Advicorp to source an up to £40 million debt facility to expedite these “debt-ready” initiatives for the EQTEC business partnership.

Chief executive Rolf Gerritsen is confident that debt will be forthcoming and once in place these EQTEC joint venture projects are expected to deliver revenues within 6 to 18 months of funding.

He is consistent in what he and the board wants to do with the projects. He wants to “Take the projects. Secure the recommissioning of those projects. Put them on a stable footing in terms of revenue and profitability, and ideally package them and sell them on to a pension fund or life insurance company that are interested in sustainable, predictable revenue streams.”

In this interview with lse.co.uk, he talks about the projects in the pipeline, the current status of the BritNRG venture and whether a placing will be required any time soon.