October 2015 Salt Lake City UT
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Enhanced Capital provided a loan to Salt Lake City-based company, Renewlogy, Inc., through the Utah New Markets Tax Credit program in October 2015. The Company is a leader in innovative solutions to alleviate global pollution, and the debt investment supports operation expansion in Renewlogy’s Salt Lake City facility.
Targeting the 90% of non-recycled waste that ends up in landfills or oceans, Renewlogy converts low quality plastic into high-value fuels through a proprietary chemical recycling process. On average, Renewlogy converts roughly 10 tons of plastic waste per day. More information about Renewlogy.