Business
Executing on U.S. Strategy
Executing on U.S. Strategy.
About this update from Invinity Energy Systems Plc
[{"type":"text","content":"\n \n \n 18 May 2022\n \n \n \n Invinity Energy Systems plc\n \n \n \n \n \n \n \n \n (\"Invinity\" or the \"Company\")\n \n \n \n \n \n \n Executing on U.S. Strategy\n \n \n \n \n \n \n Invinity Energy Systems plc (AIM:IES), a\n leading global manufacturer of utility-grade energy storage\n , is pleased to announce the appointment of EAS Advisors LLC (\"EAS\") as U.S. Corporate Advisor. The appointment of EAS supports the Company's strategy to materially expand Invinity's presence in U.S. commercial and financial markets. EAS's initial focus will be on increasing the level of U.S. investor activity in Invinity shares.\n \n \n \n \n \n Working alongside Invinity's joint brokers, Canaccord Genuity and VSA Capital, EAS is charged with improving liquidity for Invinity shareholders and leveraging growing U.S. investor interest in proven energy storage companies. This initiative is being pursued by the Board to capitalize on Invinity's status as one of very few energy storage companies with non-lithium batteries advanced enough that customers have connected them to the grid and are using them to earn revenue.\n \n \n Building on a portfolio of successfully deployed battery systems in California, the Company has opened a new sales and corporate development office in San Francisco where Invinity's global head of sales is now based alongside Invinity CEO Larry Zulch and other commercial staff. This expanded presence in California underlines the Company's commitment to growing its commercial, operational and corporate activities in the U.S.\n \n \n \n \n \n Larry Zulch, Chief Executive Officer at Invinity said:\n \n \n \n \n \n \"Invinity is well positioned to continue growing our leadership position in long-duration non-lithium energy storage in three of the world's most exciting markets - the UK, Australia and North America. As we expand on relationships and deliver marquee projects in these regions, we expect shareholder interest to follow. Our engagement with EAS underlines our commitment to commercial success in North America and building liquidity and long-term value for all of Invinity's existing and future shareholders with a significant presence in U.S. equity markets. We're pleased to be working with EAS given their impressive capabilities and track record.\"\n \n \n \n \n \n About EAS\n...