Earthcare Products Ltd secures backing from E-Synergy

01 January 2007

E-SYNERGY BACKS REFRIGERATION SPECIALIST WITH FIRST INVESTMENT BY GROUNDBREAKING SUSTAINABLE TECHNOLOGY ECF

E-Synergy has marked the formal launch of its £30m Sustainable Technology Fund by announcing its first investment in a British company that is a world leader in the design and provision of green refrigeration systems.

The Sustainable Technology Fund has invested £325,000 in Earthcare Products Limited, a profitable and fast-growing company that is developing and commercialising new natural refrigerants that can enhance energy efficiency and exceed tightening global regulations on emissions.

Andrew Stevenson, chief executive of E-Synergy, said: "Sustainable cooling technology issues affect a large part of industry, from food production to supermarkets and through many stages of the supply chain. As the pressures on environmental resources increase there will be many good opportunities for Earthcare’s innovative technologies."

Nicholas Cox, managing director of Earthcare Products Ltd, said he was delighted the Sustainable Technology Fund invested in the company at an important time in its development.

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Download the full E-Synergy press release here (PDF)