Low Carbon Acc. Share Discussion Threads

[swiss paul] 30/3/2010 19:44

cheers jambo - top up time

[jambo172] 30/3/2010 10:16

Seller cleared.
Onwards and upwards.
Should be 30p+ IMHO.

[swiss paul] 14/12/2009 19:32

LCA's audited accounts for the year ending 30 November 2009 are expected to be published in February 2010 and will adhere to the revised valuation guidelines. Over the financial year, the LCA portfolio has continued to make good progress overall and certain investee companies have delivered strong commercial growth since the time of the original LCA investment. As a result of this good progress and the revised guidelines, the Directors of LCA and the Investment Manager currently expect that the new NAV, to be published in February 2010, will represent a material uplift compared to the last published quarterly NAV. This uplift in NAV is currently expected to be in the range of 4.0p to 6.0p per share. The NAV as at 31 August 2009 was 44.9p per share.

RNS also issued relating to increased investments in LUMEnergi & QuantaSol.

Looking good

I hold

[swiss paul] 19/11/2009 21:19

Last 2 days seems to have taken a hit. Can't understand the rational behind it. Even the trades dont seem like a institution off loading.

[photodave] 18/11/2009 13:09

swiss paul. Can you see any reason for the share price drop today?

[swiss paul] 17/9/2009 21:16

nice 2 days on the up - slow and steady

[swiss paul] 20/8/2009 20:57

nice clarification as I was worried about the amount of directorships
RNS Number : 7760X
Low Carbon Accelerator Limited
20 August 2009



Low Carbon Accelerator: 20.08.2009

Directorships and Partnerships

Further to the announcement on 12 August 2009 regarding the appointment of Christopher John Le Tissier as a non-executive independent Director of Low Carbon Accelerator Limited ("the Company" or "LCA"), the Company announces that Mr. Le Tissier also currently holds directorships in the following companies:

J C Holdings Limited

Aegis Finance (Guernsey) Limited

Mr. Le Tissier has confirmed that there is no further information to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules for Companies.

I still continue to hod this bargain of a share

[swiss paul] 20/8/2009 20:57

nice clarification as I was worried about the amount of directorships
RNS Number : 7760X
Low Carbon Accelerator Limited
20 August 2009



Low Carbon Accelerator: 20.08.2009

Directorships and Partnerships

Further to the announcement on 12 August 2009 regarding the appointment of Christopher John Le Tissier as a non-executive independent Director of Low Carbon Accelerator Limited ("the Company" or "LCA"), the Company announces that Mr. Le Tissier also currently holds directorships in the following companies:

J C Holdings Limited

Aegis Finance (Guernsey) Limited

Mr. Le Tissier has confirmed that there is no further information to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules for Companies.

I still continue to hod this bargain of a share

[swiss paul] 13/8/2009 22:24

Low Carbon Accelerator: 12.08.2009

Change to the Board of Directors

Low Carbon Accelerator Limited ("the Company" or "LCA") announces that Christopher John Le Tissier has been appointed as a non-executive independent Director with effect from 11 August 2009. Following the appointment, the LCA Board comprises a majority of independent Directors and accordingly complies with paragraph 3.3 of the 'AIM Note for Investing Companies', which recently came into effect.

John Hawkins, Chairman of LCA, said "We are very pleased to welcome Chris to the Board and we look forward to working closely with him as the Company continues to drive growth in its portfolio and moves towards value realisations".

Mr. Le Tissier has over 30 years experience in the investment fund and securities business. He joined Ogier Fund Administration (Guernsey) Limited in 2004 as a director and is a director of a number of other private equity funds and investment structures. Prior to joining Ogier he was head of Private Clients at Investec and the Fund Manager at Havelet International Fund Managers in Guernsey. Mr. Le Tissier is a resident of Guernsey and a Fellow of the Securities and Investment Institute.

Christopher John Le Tissier, aged 54, holds or has held over the past five years the following directorships:

Current directorships and partnerships:

Agrigrowth Fund Limited

Anglo German Retail Limited

Colibri Asset Finance Limited

Conduit Street Restaurants Sud Limited

Copernicus Capital Limited

Corilius (Guernsey) Limited

CS Investment Limited

DB Limited

DB2 Limited

Dexion Capital Holdings Limited

Dragon Capital Clean Development Limited

Eagle River Capital Limited

Edmonton Estates Limited

Emap Guernsey B2 Limited

Emap Guernsey T Limited

Equitix GP 1 Limited

Etalon Development Limited

GS Guernsey Investments Limited

Guggenheim Global Infrastructure Company Limited

Hummingbird Public Sector Finance Limited

IHC Merwede Guernsey Limited

Jule P Limited

Merlion (Guernsey) Limited

Moorgate I Limited

Moorgate II Limited

Ogier Corporate Services (Guernsey) Limited

Ogier Fiduciary Services (Guernsey) Limited

Ogier Fund Administration (Guernsey) Limited

Ogier Nominees (Guernsey) Limited

Ogier Secretaries (Guernsey) Limited

Ogier Trustee (Guernsey) Limited

Otago Limited

Paracelsus Limited

Paracelsus Holdings Limited

Reigo Nominees (Guernsey) Limited

Retirement Management Housing (Guernsey) Limited

Silver Stream Investments Limited

The Capital Appreciation Trust Limited

Waikato Limited

Former directorships and partnerships:

Agrica Limited

Alcides Limited

Bramdean Alternatives Limited

Celsius Capital PCC Limited

Conduit Street Restaurants Sud 1 Limited

dmrkynetec Group Limited

FCF Limited

Global Eco-Rescue Limited

Hillborough (Guernsey) Limited

Hillsborough Investments (Guernsey) Limited

HMV Guernsey Limited

Infinity Equities Limited

IPG Healthcare 501

Jule B1 Limited

Jule B2 Limited

Jule B3 Limited

Jule T Limited

Karneval II GP Limited

Lonpen A Limited

Lonpen Limited

Mid Europa Partners Limited

Ogier Fund Administration (Jersey) Limited

Penlon A Limited

Penlon Limited

Pine Cone Limited

Solent Capital (Guernsey) Limited

TS Fleetway House 1 Limited

TS Fleetway House II Limited

TS Fleetway House III Limited

Whitecliff Investment Ltd

Mr. Le Tissier has confirmed that there is no further information to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules for Companies.

[swiss paul] 11/8/2009 19:26

Carbon Accelerator Limited ("the Company" or "LCA") announces that it has made a further investment of US$800,000 (approx £480,000) in LUMEnergi Inc. ("LUMEnergi") as part of an overall funding round of US$1,500,000 with its existing co-investor, Noventi Ventures. The funding has been provided in the form of a convertible loan and takes LCA's total investment in LUMEnergi to US$4,800,000 (approx £2,900,000) of which US$4,000,000 represents an equity stake of 25.3% and US$800,000 represents the new convertible loan.

LUMEnergi has successfully transferred its production to a high volume international standard manufacturer in Asia and, having completed the R&D phase of its first product, is now moving into the commercial phase with the first key target market being the USA. As part of this commercial roll-out LUMEnergi has embarked on a US$12 million Series B fundraising round and is currently in discussions with third party investors. The US$1,500,000 investment made by LCA and Noventi Ventures forms the initial part of this funding round and it will be converted into equity at the same valuation as new third party investors. In order to reward the existing co-investors for committing funding now, LUMEnergi is attaching warrants to the convertible loan, thereby offering LCA the right to purchase further shares equal to 25% of the value of their additional investment. In addition, it is the Investment Manager's current expectation that it will recommend that LCA participates further in the Series B fundraising round.

LUMEnergi has now completed the installation of its dimmable ballast lighting system in three buildings and generated its first revenues. Andrew Affleck, the Investor Director on the Board of LUMEnergi noted, "Of the total US$787bn fiscal stimulus package signed by the US Government this year, approximately US$94bn has been set aside for "green" investments and, in turn, a considerable portion of this will go towards improving energy efficiency in buildings." With Federal Buildings in the US now getting grants to improve energy efficiency through retrofit programmes to upgrade their lighting control systems, LUMEnergi is in a prime position to benefit greatly due to its unique cost value proposition.




About Low Carbon Accelerator: www.lowcarbon.gg

Low Carbon Accelerator Limited is a closed ended investment company created to invest in a portfolio of fast-growing low carbon businesses. The Company listed on the AIM Market of the London Stock Exchange on 11 October 2006, raising £44.5 million.

The Company's investment objective is to provide shareholders with an attractive return on their investment primarily through significant minority (predominately 25% and above) holdings in a diverse portfolio of unquoted private companies providing low carbon products and services.

The Company invests principally in companies based in the UK, Scandinavia, Germany and
California which provide low carbon products and services across the following sectors:

Buildings (sustainable building materials, heating, lighting, clean air and water technologies for industrial, commercial and/or residential use)

Fuels (bio-fuels, low carbon fuels, catalysts and additives)

Energy efficiency (reductions in energy inputs at source, improved conversion and reductions at point of use)

Energy generation (sustainable and clean energy, micro and distributed generation)

The Company's investment strategy is to target trading businesses with patentable technologies and products with a clear commercial application and the opportunity to gain a large market share of a new or expanding market. The Company focuses on businesses with experienced management teams who have developed commercially viable products providing easily adoptable solutions which deliver immediate reductions in carbon dioxide emissions.

Enquiries:

Low Carbon Investors Limited
Steve Mahon, CIO

Andrew Affleck, Chairman
Tel: [phone]













Grant Thornton UK LLP
Philip Secrett

Colin Aaronson
Tel: [phone]

[swiss paul] 13/7/2009 19:26

Looks good for future growth though I am a bit concerned about the medium term UK drift away from wind


Low Carbon Accelerator: Investment Update 13.07.2009

Investment Update: Proven Energy Limited

Low Carbon Accelerator Limited ("the Company" or "LCA") announces that it has made a further investment of £300,000 in Proven Energy Limited ("Proven Energy") in the form of a convertible loan and has committed to invest up to a further £300,000 on the same terms. If LCA were to invest the aggregate £600,000 noted above, the Company's total investment in Proven Energy would rise to £7,750,000, including an equity investment of £7,150,000 representing 49.83% of Proven Energy's issued share capital.

Proven Energy is a market leading manufacturer of small-scale, high performance wind turbines in the UK. Through the first five months of 2009, Proven Energy's revenues have shown a year-on-year increase of approximately 56%, with kW capacity sold having grown by 122% in the same period.

This investment provides further working capital to Proven Energy to drive the continued strong growth in sales. Andrew Affleck, the Investor Director on the Board of Proven Energy commented, "As an Investment Manager we are very pleased with the strong demand evidenced in the market for small wind turbines. This market is beginning to mature and independent studies in both the UK and USA are forecasting the market to grow significantly. We are seeing this reflected in Proven Energy's order book and are pleased to be in a position to fully support this business going forward."

[investinggarden] 10/7/2009 14:53

Speculative buy rating from Growth Company Investor

[swiss paul] 06/7/2009 20:21

Welcome to the LCA thread. I see this as an opportunity to get into an area of new technology with excellent green credentials.

[swiss paul] 06/7/2009 20:20

Low Carbon Accelerator is managed by Low Carbon Investors Ltd.
The individual members of Low Carbon Investors and its Advisory team have over 200 years aggregate experience in low carbon sectors. This experience is across commercialisation of technology, engineering, renewable energy, energy efficiency in the built environment, public policy, oil and gas, energy generation, process management, green fuels, construction and house-building, commercial property development, fund management, low carbon technology incubation and on managing and implementing projects ranging from £25,000 to £500,000,000 in size.
Prior to launch on AIM in 2006 Low Carbon Accelerator was in planning for three years, with Mark Shorrock and Steve Mahon working to identify well managed, trading businesses with real low carbon solutions and high growth potential.
Now, supported by an exceptional team of highly experienced and qualified advisors the management of Low Carbon Investors are responsible for:
Identifying and evaluating investment opportunities in low carbon cornerstone businesses
Investing appropriate capital to accelerate growth of selected businesses
Monitoring and supporting management teams in investee businesses
Identifying and executing on opportunities to crystallise value through an exit
Shareholder Name
(* - Executive/Director) Amount % Holding
The Royal Bank of Scotland Group plc 19,999 44.9%
Merrill Lynch 3,310 7.4%
Baring Asset Management 2,324 5.2%
SVM Asset Management 2,260 5.1%
Derbyshire County Council 2,000 4.5%
South Yorkshire Pension Fund 1,900 4.3%

[recommended] 29/4/2009 21:21

anyone any interest in this company? ..?

[ppowerscourt] 07/2/2008 23:11

Fund-raising to follow.....

[ppowerscourt] 12/1/2008 11:36

I am the lone waitress.

[ppowerscourt] 04/1/2008 12:19

Hi everybody!

[ppowerscourt] 01/8/2007 23:43

Don't understand why LCA's share price hadn't remained stable.?

Just love everything they're investing in.

Do I really need to wait several years for a handsome return? For how long will I stay on this bb admiring all the good things LCA is accummulating all by myself?

Cheers, everyone.

[ppowerscourt] 01/8/2007 23:41

Sound so wonderful---hamp and shiv

First one to invest into non-fuel, non-food bioculture.


"Low Carbon Accel Investment Update
RNS Number:4193A
Low Carbon Accelerator Limited
18 July 2007


Investment Update: Hemcore Limited

Low Carbon Accelerator Invests in UK's Largest Hemp Producer


Low Carbon Accelerator Limited (the "Company" or "LCA") has announced that it
has made an investment of #1,088,000 in Hemcore Limited ("Hemcore") for a 30%
equity stake. The investment was part of an overall #2.6 million funding round
led by LCA.

Hemcore is the UK's largest grower and processor of industrial hemp, with around
1,000 hectares being farmed under contract. No agro-chemicals are used in its
production. Hemp was once grown widely across the UK to produce fibre for sails
and rigging. Hemcore has revived this practice to produce low carbon raw
materials for a wide range of industries that currently include selling the
fibre into the European automotive industry for use in internal panels to
replace glass and synthetic fibres, while the shiv, the woody part of the hemp
plant, is sold as horse bedding.

The investment from Low Carbon Accelerator and the other investors will enable
Hemcore to purchase and install a new operating plant in order to expand rapidly
its operations and increase its range of products, and in particular to grow
sales of the recently launched natural fibre insulation product being sold under
the 'Breathe' brand name.

Hemcore is also excited by the potential market opportunity for shiv in the
construction industry. The product can be mixed with a special lime, Tradical HB
(R), to make Hemcrete(R), a material which can be used to improve the thermal
efficiency of buildings. Hemp absorbs a significant amount of CO2 from the
atmosphere as it grows which is then locked up in the structure for the life of
the building, resulting in these having far lower carbon footprints than
buildings that are constructed using conventional techniques. Hemcore estimates
that approximately 30 - 45 tonnes of carbon dioxide could be saved in the walls
of a typical family house if 'Hemcrete(R)' is used in place of conventional
materials.

Options are also being explored to develop a light weight particle board made
from shiv that would be used as loft board, work tops and furniture.

Andrew Newman, CFO of Low Carbon Initiative Limited, LCA's investment manager,
said: "As an investor in low-carbon buildings, we feel it is essential to look
at the whole supply chain of construction materials, not just the finished
building. Hemcore shows that low-impact, low-input agriculture can provide these
materials. The market for these products is already large, so, just as with
their crops, we look forward to watching this company grow." Mr. Newman will be
joining the board of Hemcore.

Mike Duckett, Managing Director of Hemcore said: "We welcome this injection of
capital to boost our production. The demand for products derived from the
versatile hemp plant is growing rapidly. Without the support of LCA this new
exciting market could not be exploited to its full potential. We have always
believed that British agriculture should diversify into non-food and sustainable
alternative crops. Our business model shows how we can benefit British
agriculture and British industry at the same time, while maintaining a
low-carbon edge in both."

[ppowerscourt] 17/7/2007 07:39

Low Carbon Accelerator Limited
17 July 2007


Low Carbon Accelerator Limited

Investment Update: Eco-Solids International

Low Carbon Accelerator Limited (the "Company" or "LCA") has announced that it
has made a follow on equity investment of #250,000 in Eco-Solids International
Limited ("Eco-Solids"). This is the third investment in Eco-Solids which follows
the passing of certain operational and commercial milestones. This investment
completes the funding obligations set out in the investment agreement dated 26th
June 2006 between LCA and Eco-Solids. The Company now holds an aggregate equity
stake of 45% in Eco-Solids representing an #825,000 total investment.

Eco-Solids is a UK company whose "Bug-Buster" technology significantly increases
the efficiency of the anaerobic digestion of sewage sludge. It enables
considerably more methane to be captured from the sewage than standard anaerobic
digesters. The captured methane is then used to generate clean electricity on
site. As the electricity is generated from a renewable source, it will also
attract Renewable Obligation Certificates ("ROCs") for the operating company.
The process also prevents the methane, a powerful greenhouse gas, from being
released into the atmosphere.

Eco-Solids signed an agreement with Yorkshire Water to undertake the commercial
trials of its 'Bug-Buster' technology, in association with Earth Tech
Engineering. The trial site began generating data on the efficiency of the
process in early 2007. Initial results are being analysed and it is proposed
that the site will operate for at least a further 3 months when an independent
report will be published by Prof. David Stuckey of Imperial College, London.

[ppowerscourt] 12/7/2007 11:31

Summary of investments:

INVESTMENT MANAGER'S REPORT
SECTOR UPDATE
The Company targets four sectors: clean energy generation, buildings, energy
efficiency, and cleaner fuels. The progress achieved in the last eight months is
summarized below.

Clean energy generation (Sustainable and clean energy, micro and distributed
generation)

The power sector is a major contributor to global CO2 emissions, and both
businesses and Governments across the world are looking to renewable
technologies as a means of reducing both CO2 emissions and the dependence on
fossil fuels. Fiscal and regulatory incentives, combined with increasing user
demand (from business and consumers), have encouraged significant investment in
energy generation technologies, and the Manager has a seen a number of exciting
opportunities using a wide range of renewable technologies.

During the period the Company invested in the following energy generation
companies:

* Proven Energy Limited. Proven is one of the leading micro wind turbine
manufacturers in the UK;
* HelioDynamics Limited. HelioDynamics has produced a world leading solar
concentrating technology that is able to generate both heat and power by
concentrating the sun's energy using an array of mirrors;
* Sterling Planet, Inc. Sterling Planet is the leading provider of green
energy certificates in the US, with 552 commercial and industrial customers
in 45 states.
* Energy Cabin GmbH. Energy Cabin is an Austrian-based manufacturer and
supplier of free-standing, integrated heating systems that combine
solar-thermal panels with biomass fired boilers to deliver carbon-neutral
central heating for domestic, commercial and public application.
* Eco-Solids International Limited. Eco-Solids is a UK company which has
worldwide license rights outside of the US to two advanced sludge treatment
processes.

Since the period end, the Company has invested in Quantasol Limited. The
investment was part of an overall #1.35 million seed funding round which also
included investment from Imperial Innovations, Numis Securities Ltd,
Netscientific Ltd, and Sheffield University Enterprise. Low Carbon Accelerator
and Imperial Innovations were co-lead equity investors. QuantaSol plans to
provide solar photovoltaic cells for use in concentrating photovoltaic systems
for the fast growing utility-scale solar power generation market. QuantaSol will
use the funds to produce prototypes of its Quantum Well Photovoltaic cells and
to engage with potential customers for such cells.

The Manager continues to see a wide range of energy generation technologies, and
expects to make at least one further investment in this sector in the future.

Buildings (Sustainable building materials, heating, lighting, clean air and
water)

The built environment is a major cause of CO2 emissions globally; in the UK it
is estimated to contribute 27% of total CO2 emissions each year. The current
level of emissions can be significantly reduced, however, by changes in the
building materials used, the standards to which houses are built, and renovation
to the existing housing stock. In the UK, the Government has responded with
initiatives to deal with this problem, and in its March 2007 budget removed
stamp duty on zero carbon homes costing up to #500,000 - a significant fiscal
incentive.

The Manager considers that increasing consumer awareness, together with changes
in government policy, combine to present attractive opportunities for companies
focusing on low carbon buildings and building products. In the eight months
ended 31 May 2007, the Company made two investments in this sector:

* Living Villages Holdings Limited - a specialist residential property
developer in the UK established to design and build housing developments
that are energy efficient, convivial and completed to high environmental
standards; and
* Saddlehorn LLC - an 800 acre multi-use low-carbon development
overlooking the Glacier National Park in Montana, USA. Saddlehorn is
believed to be the biggest housing development to date in the US to seek
Platinum Status - the highest standard of accreditation - under the U.S
Green Building Council Leadership in Energy and Environmental Design (LEED)
Certification Programme.

The Manager has also explored various opportunities with regards to sustainable
building materials and is continuing to pursue numerous other opportunities in
this sector, including building materials, low energy lighting, heating, and
further building developments.

Energy efficiency (Reductions in energy inputs at source, improved conversion
and reductions at point of use)

Energy efficiency remains the cheapest route to significant and lasting
reductions in emissions and is a key first step towards a low carbon economy. A
number of IPOs in the Company's target sectors seen over the last eight months
relate to companies providing energy efficiency services and products.

During the period, the Company made and then followed on its investment in
Responsive Load Limited, a company that has developed grid-management technology
to increase the energy efficiency of the whole electricity supply chain, from
white goods and appliances through to large scale power generators. Responsive
Load recently completed an extensive testing procedure with a major white goods
manufacturer and is exploring global commercial opportunities.
The Manager is also reviewing a number of other investment opportunities in this
sector.

Cleaner Fuels (Bio-fuels, catalysts and additives and alternative energy)

It is estimated that transportation accounts for 13% of global CO2 emissions. To
be able to reduce CO2 levels without affecting our current standards of living
it is therefore necessary to reduce - or even remove - the level of
hydro-carbons in the fuels that are used and/or improve engine efficiency.
Politicians in both Europe and the US are addressing this by trying to ensure
that biofuels have an increasing share of the transportation fuel market in the
short-term. For example, the European Union has a target fuel blend of 5.75%
biofuel content for all transport fuel by 2010.

In the eight months ended 31 May 2007, the Company made an investment of
#130,000 in Fuelture Limited, one of the initial portfolio of five companies
that was purchased upon admission of the Company's shares to AIM. This was a
seed investment intended to enable Fuelture to develop a team and a business
model for the roll-out of LPG filling stations across the UK. After
disappointing demand for LPG conversions, however, Fuelture decided to revise
its focus to being a retailer of bio-diesel at unmanned stations. The Manager
decided not to follow-on its initial seed investment in Fuelture to finance this
revised plan, and has therefore fully written down its investment in the
company.

In the last eight months the Manager has considered a number of other fuel
related opportunities, in both the algal biofuels and in the additive sector but
has decided not to pursue any of these to date. Nonetheless, the Manager
continues to believe that opportunities exist for the Company in the fuel sector
and continues to explore significant opportunities in both the US and the UK.

[ppowerscourt] 12/7/2007 11:27

RNS Number:9166Z
Low Carbon Accelerator Limited
09 July 2007


LOW CARBON ACCELERATOR LIMITED

INTERIM REPORT
For the period ending 31 May 2007

CHAIRMAN'S STATEMENT

This is my first statement as Chairman of Low Carbon Accelerator Limited (the
"Company") and I would like to welcome all shareholders to the Company. I am
delighted to present the Company's unaudited results for the period ended 31 May
2007, the first since it was admitted to trading on AIM.

The Company listed on the AIM Market of the London Stock Exchange on 11 October
2006, raising gross proceeds of #44.5 million. The timing of the Company's
launch appears to have been opportune, with climate change having risen up the
political - and increasingly the economic - agenda in all of the Company's
target markets. In the UK, this was seen by the political support received by
the Stern Report, which set out the economic imperative of moving towards a low
carbon economy. The recent G8 conference in Germany also appears to have made
significant progress towards global adoption of common binding measures to
address climate change.

It is against this background that the Company's investment manager, Low Carbon
Initiative Limited (the "Manager"), has succeeded in building a strong pipeline
of opportunities across each of the Company's target sectors and geographies,
with nine transactions having been closed during the period and a further
investment having been made since the balance sheet date. Accordingly, the
Company has now invested #16.0 million of its net IPO proceeds and has follow on
arrangements with such investments to invest up to a further #2.6 million,
subject to the achievement of milestones.

The Company's shares have traded well throughout the reporting period with a
closing mid-market price at the end of the period of 112.5 pence representing a
17.5% premium to prevailing net asset value, which has remained stable over this
initial period.

Given the investment developments noted above and the wider economic and
political context, the Board and the Manager remain confident that the Company
will continue to make good progress towards fully implementing its investment
strategy and that this progress will be reflected in the Company's net asset
value in due course. In particular, the Manager continues to anticipate that the
Company should be fully invested (or committed to be invested) within 12 to 15
months of the Company's admission to AIM.

Finally, it is pleasing to note that the Company has been voted one of the
leading investors in the clean energy space by both CNBC and New Energy Finance
which should help to continue to raise the Company's profile.

John Hawkins
Chairman
6 July 2007

[ppowerscourt] 03/6/2007 23:20

Excellent stand-alone Solar Thermal unit to be attached to any dwelling's current boiler system.----Energy Cabin, a recent investment by LCA.