Lindsey McMenamin
Portfolio Manager

“The support from FW Capital has helped enormously, giving us a degree of financial flexibility, and allowing us to focus our efforts on future proofing the business.”

Mark Harris, Commercial Director, Andel

Andel Ltd took a big step to make its operations greener as it focuses on future growth after securing a second round of financial backing from NPIF – FW Capital Debt Finance, as part of the Northern Powerhouse Investment Fund.

Founded in 1992, Andel has steadily grown to become one of the global market leaders in the design, development and application of specialist leak detection, water sustainability, flood defence and environmental protection systems. Based in Barnsley, Andel has operatives throughout the UK and subsidiaries in The Netherlands and Romania.

The six-figure investment is supporting the Dodworth-headquartered firm’s growth strategy which includes its journey to net zero. It has introduced several green initiatives, including replacing its fleet of vehicles with electric cars, installing EV chargers at its head office for all staff, reducing its fossil fuel derived gas and electricity usage by 100%, and creating a wildflower meadow at its head office.

The first NPIF investment phase has now completed with the British Business Bank launching the Northern Powerhouse Investment Fund II in March 2024.