Biofuel investment scheme launched in Oz
The company’s biofuel plantations project is located in Cairns Hinterland, Queensland, and managed by its wholly owned subsidiary Green Oil Plantations Holdings (Pty) Ltd.
UK investors can now benefit from a safe biofuel producing plantation investment opportunity, with the choice of two investment programmes. The first is a short-term investment and requires a minimum investment of £10,000 (€12,400), while the second is a long-term programme, with a minimum investment of £16,000.
The biofuel crop being grown on the plantations is known as Millettia Pinnata. Co-founder and director of Green Oil Plantations, Patrica Ellis, said: ‘Initially we reached the whole market from jatropha plants through palm and other established species. By pitching all the 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.’
The energy crop, which is native to Australia, is thought to have many advantages over some of its rivals due to its productive lifespan, which lasts over 70 years. The crop also thrives in arid conditions and produces oil of a very high quality.
‘The benefits of Millettia over other oil producing plants are well proven and our current investment opportunities will attract people looking for a safe investment with opportunities to grow their returns or pension,’ adds Ellis.
There is another advantage to using Millettia, as each hectare planted with the super intensive plant will absorb more than 50 tonnes of carbon dioxide every year.