August 8, 2012. Ingenious Media Holdings Plc, after thrilling audiences by backing blockbusters Avatar and X- Men, plans to bore investors by setting up a fund of as much as 250 million pounds ($390 million) for green- energy infrastructure. About 35 percent of the open-ended fund will be for solar, 30 percent for wind, 10 percent to 15 percent for conventional biomass, and the rest for energy efficiency. It will start up by the end of September, buy and hold operational assets, and seek a return of about 5 percent. The latest fund adds to the firm's renewable-energy and energy-efficiency vehicles set up this year. The U.K. plans to get 15 percent of its energy from clean sources by 2020. Power from renewables made up 9.4 percent of generation in 2011 and 3.8 percent of energy use. The Ingenious funds qualify as Enterprise Investment Schemes, a U.K.-backed system that offers tax breaks to investors in higher-risk companies. The company plans to raise its first 50 million pounds in 9 to 12 months. The company also aims to widen its investor base, by attracting individual and private investors, as well as family offices and institutional investors.