EIT InnoEnergy supported start-up LeadCold signs $200 million funding agreement

EIT InnoEnergy supported start-up LeadCold signs $200 million funding agreement

Essel Group Middle East has signed a deal to invest approximately $200M (€188M) in LeadCold – an EIT InnoEnergy supported start-up that has developed a unique, reliable and safe micro-nuclear reactor. A cost-effective and low-carbon substitute for diesel generation, LeadCold’s innovation is designed to bring power to remote, off-grid areas.
Date: 
16/02/2017 - 15:04
© EIT InnoEnergy, LeadCold
Rapid Press Release: 
Do Not Publish as Rapid Press Release
Read full text
Contact
Source: 
http://ec.europa.eu/programmes/horizon2020/en/news/eit-innoenergy-supported-start-leadcold-signs-200-million-funding-agreement

Share this post

Author