Listed cleantech investor Ludgate Environmental Fund announces £1m in working capital to environmentally responsible packaging company Rapid Action Packaging

Ludgate Environmental Fund, the AIM-listed investment company focused on the environmental/cleantech sector, has announced the provision of a £1m working capital facility to environmentally responsible packaging company Rapid Action Packaging. This amount is additional to the £4m invested by LEF into equity and Cumulative Unsecured Loan Stock of RAP in May 2008, the company said.