PRESS RELEASE
Green Angel Syndicate is delighted to welcome eleXsys Energy to its portfolio of companies that are fighting Climate Change and Global Warming.
eleXsys Energy provides an international award-winning, critical, enabling technology that will drive the transition of global energy grids to a clean energy future. Through the eleXsys® technology, large commercial and industrial rooftops can become grid-connected, solar power plants. eleXsys® technology is being installed at IKEA Adelaide, which will become 100% powered by renewable generation by 2025.
Green Angel Syndicate is the only angel investment syndicate in the UK specialising in companies that are focused on combatting climate change and global warming. GAS has invested more than £10 million in 25 start-up or early-stage companies across 10 different economic sectors and won UK Business Angels Association Angel Syndicate of the Year in 2019.
Simon Acland, Founder & Chairman of GAS, commented:
“We are excited to welcome eleXsys Energy into our portfolio. We only back businesses that make a big impact, and we look forward to following eleXsys Energy as it continues to grow, and as it continues to drive the renewable energy innovation necessary to combat Climate Change.”
Richard Romanowski, eleXsys Energy co-founder and Executive Director, commented:
“We are delighted to be working with Green Angel Syndicate, and with forward-thinking, likeminded people who are committed to the same climate and corporate goals as eleXsys Energy.”
Notes to Editors:
About eleXsys Energy
eleXsys Energy presents eleXsys®, an international award-winning technology which offers a solution to the issue of voltage volatility created by the increasing number of distributed energy resources competing to dispatch clean energy into electricity grids. The ever-increasing popularity of solar PV, wind and other clean energy generation creates challenges for network operators of major grids when providing safe and stable electricity to consumers. eleXsys® technology solves these problems, enabling grid operators and their consumers to embrace the transition to clean energy, without the need for expensive network infrastructure upgrades.
About Green Angel Syndicate
Green Angel Syndicate (GAS) is the only angel investment syndicate in the UK specialising in the fight against Climate Change and Global Warming.
GAS has attracted over 250 members and invested more than £10 million in 25 start-up or early-stage companies across 10 different economic sectors.
ENDS
For further information please contact: Abi Siri Andersen, Communications Manager, Green Angel Syndicate:
abi@greenangelsyndicate.com.
Risk Disclaimer – Investment in early-stage companies involves risks such as illiquidity, lack of dividends, loss of investment and dilution. Even when diversified within a fund, investing in early stage companies carries a higher risk than investing in more established companies. Investment in EIS and SEIS funds should be considered as part of a diversified portfolio. Green Angel Syndicate 2 Ltd is an appointed representative of SFC Capital Partners Ltd which is authorised and regulated by the Financial Conduct Authority (‘FCA’) in the United Kingdom (FRN 736284). The content is for information purposes only and should not be used or considered as an offer or solicitation to purchase or sell any securities.
