Gresham House has been exploring the possibility of introducing debt finance into the company for a “considerable period of time”, with the flexibility benefits pushing it towards a private offer.
Vanadium redox flow battery company redT has officially rebranded to Invinity Energy Systems following its merger with Avalon, the change now approved by shareholders.
Social Energy is closing in on raising up to £50 million in new finance, after more than 20 companies expressed an interest in helping support the energy tech firm’s expansion.