United Kingdom based Venture

Deals D000307
Description Over one in four homes in the UK is in fuel poverty and that number is rising every day. iPower aims to transform the lives of those that are struggling to meet energy bills by introducing fuel cells to the UK market. Fuel cells offer highly efficiency local energy generation, and, for the first time, are now available at a scale suitable for the domestic market. We have an exclusive agreement with the manufacturer of BlueGen to promote uptake in the social housing sector using a social energy services company model. OUr first contract is underway.Tenants get a free unit and up to 25% savings in their energy costs. iPower's key role is to act as the bridge between investors and projects. We are looking for investors that are seeking to combine a good return on their money with high social impact.
Country Of origin United Kingdom
Funding Sector Impact Investment
Colloboration Type Strategic partnerships