Canadian Biomass Magazine

Ontarians invest in zoo-based biogas plant

October 10, 2014
By Canadian Biomass

October 10, 2014, Toronto, Ont. - ZooShare announced it has raised over $1,000,000 for what is soon to be North America's 1st zoo-based biogas plant. Investors celebrated this milestone at their "Thanks A Million!" party Thursday night.

October 10, 2014, Toronto, Ont. – ZooShare announced it has
raised over $1,000,000 for what is soon to be North America's 1st zoo-based
biogas plant. Investors celebrated this milestone at their "Thanks A
Million!" party Thursday night.

 

"We are so grateful for the 150 investors who helped us
reach one million dollars," said Daniel Bida, Executive Director, "We
reached this goal in less than a year, which exceeded our expectations, proving
the market demand for sustainable high-impact investments. Together, we can
demonstrate the true value of organic waste."

 

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ZooShare bonds, which are being used to build the biogas
plant, pay a return of 7% each year for seven years. The bonds have the added
benefit of an environmental return: the facility will recycle animal manure
from the Toronto Zoo and food waste from local grocery stores into renewable
power, while cleaning the air and returning valuable nutrients to the soil (in
the form of a high-quality fertilizer). 

 

"ZooShare is a green solution that we can stand
behind," says investor John Wilson, holding up a jar of giraffe poo.
"We want to be part of the solution," echoes his wife Denice Wilkins,
"I invest in ZooShare because it gives me hope for the future."


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