The Group has today announced Full Year results for the period ending December 31st, 2019. The financial numbers reported are primarily for previously AIM listed redT energy (RED LN). RED merged with US-based Avalon Battery in April 2020 to create Invinity Energy Systems plc (IES LN). An equity fund raising of £8.0m was also undertaken in April 2020 for the new combined entity. IES is seeking to achieve scale in battery storage markets for utility, industrial and commercial applications
16 Jul 2020
Full Year Results 2019
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Full Year Results 2019
Invinity Energy Systems PLC (IES:LON) | 23.8 0 0.0% | Mkt Cap: 45.4m
- Published:
16 Jul 2020 -
Author:
Phil Smith -
Pages:
8
The Group has today announced Full Year results for the period ending December 31st, 2019. The financial numbers reported are primarily for previously AIM listed redT energy (RED LN). RED merged with US-based Avalon Battery in April 2020 to create Invinity Energy Systems plc (IES LN). An equity fund raising of £8.0m was also undertaken in April 2020 for the new combined entity. IES is seeking to achieve scale in battery storage markets for utility, industrial and commercial applications