2 August 2023

Carson McDowell advised Nuada, a Belfast-based green technology company, on a £3.4m investment by BGF.

Carson McDowell's Corporate team is delighted to have advised Nuada (formerly MOF Technologies) on a £3.4 million investment by BGF.

Nuada is a carbon capture company that strives to decarbonise hard-to-abate sectors through its next-generation carbon capture technology. Nuada deploys energy-efficient filtration machines that make carbon capture commercially viable and pave the path for zero carbon emissions in the industry. Nuada will use the investment from BGF to support the construction of a pilot project.

Dr Conor Hamill, Co-Chief Executive of Nuada, comments:

"The team at Carson McDowell are a dedicated, highly experienced team drawing upon strengths in various related disciplines and able to respond quickly and provide focused advice and representation."

The Carson McDowell transaction team was led by Paul McGuickin, supported by Kathryn Laverty and Aimee Donaldson.