10 December 2019
“This a great acknowledgment of the hard work and dedication from the Connected Energy team,” said Matthew Lumsden, CEO. “To be recognised as one of the UK’s fastest growing companies is testament to the uniqueness of our offering which has attracted investors and partners alike. Our focus is on providing low cost stationary energy storage by plugging the ‘re-use’ gap in the circular economy. Connected Energy gives a second-life to electric vehicle batteries—this is an attractive proposition for both customers and automotive OEM’s who are looking for low cost, low impact energy storage solutions.”
The report, entitled "Top 100: Britain's Fastest-Growing Businesses" identified the companies that have increased in value the most since 2016. You can download a free copy of the full report here: https://www.syndicateroom.com/guides-and-reports/100-fastest-growing-companies-uk
For more information please contact:
About Connected Energy
Connected Energy is an engineering led innovator in energy storage. Its technologies, that utilise second-life electric vehicle batteries, are rapidly changing the way intensive energy users can access the benefits of low-cost, on-site solutions. The companies E-STOR system is modular and scalable, as well as straight forward to install and operate, for energy intensive clients to flexibly control and reduce their energy costs, and develop new revenue streams.
Connected Energy has deployed systems in the UK and Europe and has recently secured £5m investment from ENGIE New Ventures, Sumitomo Corporation, Macquarie Bank and Turquoise Capital.