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Image: Naked Energy
Bare Energy raised GBP 17 million in new fairness. E.ON Energy Infrastructure Solutions (EIS) from the E.ON Group led the Series B financing spherical, with Barclays co-investing by its Sustainable Impact Capital Program. They hope to succeed in monetary shut earlier than the tip of September.
Naked Energy stated the funding spherical “will speed up its world growth and the adoption of its cutting-edge options to decarbonize warmth… The funding is a powerful endorsement of Naked Energy’s progress plans, enabling the corporate to speed up the worldwide distribution of its award-winning photo voltaic warmth and energy know-how with the adoption of latest enterprise mannequin.
Naked Energy’s Virtu photo voltaic collectors have a modular design and supply the very best photo voltaic vitality density know-how on this planet, confirmed to be as much as 4 occasions more practical in offsetting emissions CO2 than typical photo voltaic panels. The product vary features a PVT system with a vacuum tube configuration, uncovered final yr. Following the newest funding, E.ON EIS will acquire entry to the Virtu product vary for its industrial and industrial prospects.
“It is obvious that E.ON and Barclays share our sense of urgency to decarbonize warmth,” stated Christophe Williams, CEO of Naked Energy. “Heating takes greater than half of all vitality used worldwide, and as demand for renewable warmth continues to rise, we’re much more dedicated to supporting the industrial and industrial sectors as they transition from pure fuel.”
In October 2023, Naked Energy signed a strategic partnership with E.ON Group. Both firms say they’re at the moment engaged on a pipeline of tasks in a number of territories.
“Investing in Naked Energy is an effective choice for E.ON,” stated Daniel Joisten, head of innovation commercialization at E.ON Energy Infrastructure Solutions. “Naked Energy options have distinct and convincing worth propositions. We will use them to assist our prospects, in industries similar to meals and beverage and hospitality, to decarbonize their companies profitably.
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