A Giant step for Green Energy

June 9, 2011 - PRLog -- With the dwindling of the world’s oil reserves, biofuels are now viewed as an essential future commodity and now is the time to invest in the most viable sources of green energy.

Insight Group PLC’s independent Market Intelligence & Research Unit, using extensive findings published by the University of Illinois, has identified Miscanthus Giganteus, a large warm-weather perennial grass, as the most sustainable and highest yielding biomass crop on the planet, with The Republic of The Gambia, in West Africa, as the ideal place for large-scale production, both climatically and economically.

Experienced operator in the African agriculture and biofuel sectors, Platinum Management will be overseeing the Miscanthus Giganteus plantations in Gambia.   Insight Group PLC is calling on investors to participate in its exciting new BIO E-GRASS™ project and reap the rewards of the world’s increasing demand for sustainable biofuels to replace finite supplies of fossil fuels.

While maize is currently the most widely recognised biomass crop, Miscanthus Giganteus has proven to yield two thirds more than corn in terms of biomass.  Importantly, Miscanthus Giganteus is a non-food crop and will not push up food prices, as large scale production of corn for fuel, rather than food and animal feed, has done previously.

In Gambia, Insight Group PLC’s BIO E-GRASS™ plantations will be grown on barren land, not currently used for growing food crops, and will create in excess of 200 jobs for local villagers. In addition, Insight Group PLC and Platinum Management will fund 1000 hectares of rice plantations, with all harvests distributed to workers and the poorest local villages.

Gambia has a stable democratic government and a growing economy as well as the labour force and ideal climatic conditions to make the BIO E-GRASS™ project viable. Additionally, the Gambian government is backing the project and offers a favourable environment for foreign investment.

“Unlike our competitors, it is our priority to ensure each investment project we undertake surpasses the most stringent Due Diligence Criteria,” says Alfonso Rivera Revilla, Chairman of Insight Group PLC.  “It is therefore with great pleasure that I announce the launch of our latest investment: BIO E-GRASS™ in The Republic of The Gambia.  Our long-standing network in Africa has allowed us to take advantage of the very best opportunities in the region, providing some of the most rewarding returns in the investment market today.  Our commitment to the continent stretches back many years and we are equally dedicated to not only ensuring our investment projects are financially successful, but that they meet our social responsibility and sustainability criteria and ensure our ‘footprint’ in Africa is ethical and socially responsible.”

For a comprehensive outline of the unique BIO E-GRASS™ investment opportunity, download the BIO E-GRASS™: Investing in your Future brochure at www.insightgroupplc.com/bioegrass

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Insight Group PLC is a leading private investment company that offers unique investment opportunities. With a global presence, we are able to provide alternative investment options and expertise in soft commodities and property.