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9 December 2009 | PR 09/173

Intelligent Energy to expand UK Operations

Dr Henri Winand

Dr Henri Winand, Intelligent Energy Chief Executive is presented with £800,000 GBI by Bryan Jackson, Chairman of emda

Moves UK Operations to larger premises with grant from the East Midlands Development Agency

Intelligent Energy, the clean power systems company that started as a spin out from Loughborough University, has received an £800,000 Grant for Business Investment (GBI) from East Midlands Development Agency
(emda), assisting the company in moving from its current premises at the Innovation Centre, to larger premises at Holywell Park on the University campus, near its current location.

The grant from emda will help Intelligent Energy equip the new facilities with engineering test rigs, measurement equipment and IT systems. Intelligent Energy Chief Executive, Dr Henri Winand said of the grant: “Intelligent Energy has reached a very exciting stage in its growth.  The move to Holywell Park will allow us to better serve our Blue Chip business customers and partners and up the tempo of our commercial activities significantly as a result.” 

2009 has been a year of tremendous progress for Intelligent Energy, with the company continuing to work at the forefront of clean power system commercialisation. The past year has seen Intelligent Energy demonstrate continued success working in partnership with leading companies such as Suzuki Motor Corporation and Scottish & Southern Energy, whilst attracting new customers, such as Airbus.

Amidst the difficult economic circumstances faced by many in 2009, Intelligent Energy raised £18.4 million in a private ‘up round’ of growth capital fundraising in July. The company also announced the appointment of a new Executive Vice President for Emerging Markets as part of its expansion plans.

“We have been very pleased with the growth, commercial progress and technological achievements made by Intelligent Energy in 2009.  This grant from emda is a great endorsement of the company from our own regional development agency,” explained Dr Winand. “Intelligent Energy is an international business actively working with some of the world’s leading companies to bring its clean power systems to market.”

Bryan Jackson, Chairman of emda said: “I am delighted that Intelligent Energy is expanding its operations in the East Midlands. It is an international business working at the leading edge of clean technologies in fast growing energy sectors which we are keen to support. I am pleased that through the GBI we have been able to facilitate the move to Holywell Park to provide them with the space and facilities that they need to develop and grow, creating new jobs in the region and further enhancing the reputation of the East Midlands as a leader in energy technologies.”                                                      

−ENDS−

For all media enquiries/further informaion contact:

Anna Seddon,
Marketing & Communications Manager (Enterprise),
Loughborough University,  
T: 01509 223445, E: A.J.Seddon@lboro.ac.uk

James Kennedy,
AxiCom PR for Intelligent Energy
T: 0208 392 4091, E: james.kennedy@axicom.com
         
Dr Jon More,
Director of Communications, Intelligent Energy
T: 01509 225863 E: jon.moore@intelligent-energy.com

Notes for editors:

1.   About Intelligent Energy:  Intelligent Energy is a clean power systems company, with a range of leading fuel cell and hydrogen generation technologies. The company is focused on the provision of cleaner power and low carbon technologies. Intelligent Energy partners with leading companies globally, in the transportation, oil and gas, aerospace, defence, distributed generation and portable power markets. Current partners and customers include Scottish & Southern Energy plc with whom the company has formed a joint venture to commercialise fuel cell combined heat and power (CHP) systems, and The Suzuki Motor Corporation. Intelligent Energy’s successes in recent years include the development of the world’s first hydrogen fuel cell motorbike and supplying the fuel cell system to Boeing which powered the world’s first manned fuel cell aircraft. The company also recently supplied Airbus with a multi-functional fuel cell auxiliary power unit (APU) aimed at on-board power and other loads in future commercial airliners.
www.intelligent-energy.com

2.   About Loughborough University: Loughborough is one of the country’s leading universities, with an international reputation for excellence in teaching and research, strong links with industry, and unrivalled sporting achievement and its underpinning academic disciplines.

It was awarded the coveted Sunday Times University of the Year 2008-09 title, and is consistently ranked in the top twenty of UK universities in national newspaper league tables. In the 2009 National Student Survey, Loughborough was voted one of the top five universities in the UK, and was named winner of the 2006, 2007 and 2008 Times Higher award for the UK’s Best Student Experience. In recognition of its contribution to the sector, the University has been awarded six Queen's Anniversary Prizes.

It is a member of the esteemed 1994 Group – a set of internationally recognised, research-intensive universities – and has a reputation for the relevance of its work. Its degree programmes are highly regarded by professional institutions and businesses, and its graduates are consistently targeted by the UK’s top recruiters.

Loughborough is also the UK’s premier university for sport. It has perhaps the best integrated sports development environment in the world and is home to some of the country’s leading coaches, sports scientists and support staff. It also has the country’s largest concentration of world-class training facilities across a wide range of sports.

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