Home Fuel Cells ACAL Energy Ltd - Venture Capital Fund Raising

ACAL Energy Ltd - Venture Capital Fund Raising

First published in Cleantech Infocus: 2010 - Equity Deals of the Year, January 2011.  Copyright Cleantech Investor Ltd

ACAL Energy of the UK raised £3.5 million in May. The company’s FlowCath® technology is understood to be ready for application in small and medium sized stationary power applications. The technology can replace diesel generators in back-up power systems, combined heat and power (CHP) installations and for remote power usage. ACAL is working on the development of larger scale stationary power and transport applications. Investors included Carbon Trust Investments, Solvay SA, Porton Capital and Honda Motors.
 

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