Renewi plc (RWI.L)

"We appreciate the strong support from retail and qualified investors for our latest Green issuance, and we are pleased to have closed the offer early as a result. We now have long term green financing in place to support our ambitious plans to invest in the Benelux circular economy. Renewi is on a mission to increase our recycling rates from the current industry-leading 66% to 75% by 2025. We have identified investments in advanced sorting, in building materials production, in mattress recycling, in plastics recycling, in the production of Bio-LNG, amongst many others that are making a real difference to advance the Circular Economy, to reduce CO2 emissions and to reduce resource depletion."

Why has this stock climbed so high ?
I’m intrigued
I looked at this six months ago and thought it was poorly backed with low volumes and insignificant MCap
Liked the philosophy and decided to check back in on it at a future date
Jeeeze it’s done well !!

Ben Verwaayen has been CEO for a number of companies, including Alcatel-Lucent SA and BT plc. He held the position of Vice Chairman and Chief Operating Officer of Lucent Technologies Inc, was President of KPN Telecom and a Non-Executive Director of Bharti Airtel. He has also been Chairman for a number of companies and industry bodies including the CBI Energy and Climate Change Board in the UK. Ben currently serves as a Non-Executive Director on the Boards of OFCOM, Akamai Technologies Inc and Akzo Nobel NV. He is a Founding Partner at venture capital company, Keen Venture Partners LLP.

Ben Verwaayen brings a wealth of relevant skills to the Chairmanship of Renewi, including those gained from leading public companies in both the UK and the Netherlands, and experience particularly in energy and climate change policy and in growing companies in dynamic markets.