We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Low Carbon Acc. | LCA | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
3.825 | 3.825 |
Top Posts |
---|
Posted at 17/3/2013 18:34 by swiss paul 7 March 2013LOW CARBON ACCELERATOR LIMITED ("LCA" or "the Company") Update on Sale and Purchase Agreement Further to the Company's announcement of 8 February 2013, LCA announces that the first payment from Sterling Planet of US$1m, which had been delayed from its revised contracted date of 1 February 2013, has now been received. The remaining payments are now set to be made at 16 April 2013 (US$1m), 17 May 2013 (US$1.2m) and 17 July 2013 (US$1.2m). As previously stated, since May 2012 the objective of the Company has been to arrange for the sale of the assets and the distribution of capital and the Company. In accordance with this objective, as soon as practicable the Company will be issuing a Circular to shareholders to outline its plans for the distribution of capital, the liquidation of the Company and the cancellation of LCA's admission to trading on AIM. Enquiries: Low Carbon Investors Limited Steve Mahon, CIO |
Posted at 02/9/2012 08:23 by minky Considering the people and advisors running LCA have so much experience why has the share price lost so much money for it's investors? |
Posted at 17/7/2012 18:32 by swiss paul update as of today:Interim Report and Unaudited Financial Statements May 2012 Low Carbon Accelerator Limited ("LCA" or "the Company"), the AIM listed specialist low carbon investment company, announces its interim results for the six months ended 31st May 2012. The Adjusted NAV as at 31 May 2012 is £19.704 million or 22.9 pence per Ordinary share. This compares to the NAV as at 30 November 2011 of £24.269 million or 28.2 pence per Ordinary share. Update of asset realisation The Company announced on 27 April 2012 that it had appointed Cogent Partners as its advisor to assist with the marketing and sale of the LCA portfolio. The Company, with the support of Cogent Partners, has approached a targeted short-list of potential buyers and expects indicative offers to be received by the end of July 2012. A shortlist of buyers will then be given a period for further due diligence before being required to make binding offers. Our target is to conclude the sale of LCA's assets in this financial year, ending 30 November 2012. Consistent with previous announcements, the Company intends to disburse cash proceeds realised from any sale to investors. Hmmm not the best time to be selling methinks |
Posted at 29/11/2010 19:49 by andrbea Nov 8There's growing interest, too, in distributed generation, particularly in developing countries, says Steve Mahon, Chief Investment Officer at Low Carbon Investors and fund manager for AIM-listed Low Carbon Accelerator Ltd. He is launching a fund for Asia aimed at mini-grids of 5MW and under, typically provided by a mix of wind, solar or hydro: meeting local needs without all the expense and inefficiencies of a large transmission network. Along with other VCs, he sees considerable potential in combining small-scale renewable with sophisticated IT to run local energy service companies (ESCOs). /... On the same theme, Mahon sees a shift away from large capital-intensive projects such as wind and solar schemes, to smart energy management. He's particularly interested in 'grid-balancing' technologies, which can even out the peaks and troughs of supply and demand essential if a greater proportion of electricity is going to be generated from intermittent sources such as wind. This includes sophisticated demand-side management controls on everything from fridges and air conditioning to lighting. "It's about putting enough intelligence into the system to make it really efficient", says Mahon. "It's not too capital-intensive, and you can scale it up very quickly. It's the really high-growth area of the next few years." Rob Wylie of WHEB Ventures agrees. "Remote sensing, monitoring and control approaches will take off", he says. And it's a perfect example of the way in which ICT companies are, as Forum for the Future calls it, "gatecrashing the energy sector" (see p36). |
Posted at 25/8/2010 12:05 by andrbea rns today about Lumenergi (see last post)Investment Update: Lumenergi Inc. Low Carbon Accelerator ("LCA" or "the Company") announces that Lumenergi Inc. ("Lumenergi") has closed commitments on a US$12.7 million Series B round of funding (approx. £8.1 million) bringing in two new investors, Braemar Energy Ventures II, L.P. and Townsend VC, LLC. The Series B funding includes the existing convertible loan investment of US$3.7 million (approx. £2.4 million) from LCA and its co-investor, Noventi Ventures, that was issued in four tranches from August 2009 to June 2010 and which has now converted into equity at the price set for these Series B Preferred shares. LCA now has a 22.7% shareholding in Lumenergi on a fully diluted basis for a total investment of US$5.97 million (approx. £3.8 million). Andrew Affleck, Executive Chairman of Low Carbon Investors, the Investment Manager of LCA said: "We are very pleased to welcome two new shareholders into Lumenergi who bring with them real expertise in the US lighting and energy efficiency market. Lighting typically accounts for approximately 25% of the energy used in commercial buildings, making it one of the key target areas for building owners seeking to reduce their energy consumption. The additional investment will be used to fund the commercial expansion of the company as it seeks to meet the strong market demand and to convert its growing sales pipeline." Lumenergi is a US based company that has developed intelligent lighting technology that reduces lighting energy costs 50 to 70 percent, while typically delivering ROI in one to three years. This unique technology incorporates advanced networked control system with smooth dimming to lead buildings into the Smart Grid world. U.S. Federal and State governments represent the largest market segment for advance lighting controls. Lumenergi's strategic focus has resulted in several large awards and growing success in the segment, in addition to the company's expanding commercial portfolio. These successes have reinforced Lumenergi's position as the de facto name in large energy-efficient lighting retrofits. |
Posted at 11/6/2010 11:00 by andrbea did an email today to the company:Dear Sir I am small-time investor with shares in LCA Are you planning to update us soon eg with a trading / operations update? eg smallhold farmers in the UK might be putting up small wind turbines under the uk feed-in tariff scheme (since April 1) Is that something your company is hoping to target? Rgds ..... |
Posted at 04/5/2010 08:31 by andrbea bit in last RNS (FIT tariff market):The introduction of UK feed-in tariffs (FITs), which came into effect on 1 April 2010, marks one of the most significant recent changes to UK renewable energy regulation. The tariffs set an inflation linked tariff for each kilowatt hour of energy generated from renewable energy projects, payable to the generator for 20 years in the case of wind developments and 25 years for solar, in addition to the power export and off-take arrangements. The scheme has been designed to give investors in qualifying renewable technologies an attractive return on their investment, meaning that for electricity users that have the capital available, electricity will generate them money in the future rather than being a cost. Investors in FIT qualifying technologies will also have a reduced exposure to future increases in energy prices and to security of supply risks in the event that the UK is unable to meet its electricity demands from 2016 as some government scenarios forecast. Vigor aims to partner with land-owners and commercial property owners and managers, to build, own and operate wind and solar power generating assets on sites across the UK. With the UK general election only weeks away, the Investment Manager is pleased that all three major political parties intend to keep the FITs structure intact, with only minor amendments or extensions announced. As well as offering attractive returns to the investors in the generating equipment, the launch of FITs in the UK is expected to be a significant stimulus for companies operating within the FITs supply chain, such as Proven Energy, LCA's largest holding. Proven has already seen this in the increased enquiries and orders being made for its turbines during the quarter. |
Posted at 23/4/2010 09:49 by andrbea post 17 intrigues me"revenue growth of well over 100% per annum" LCA is also the largest shareholder in Sterling Planet, a US renewable power developer and carbon trader that has delivered revenue growth of well over 100% per annum since LCA invested in February 2007. Sterling Planet could be a potential IPO or trade sale candidate and Mahon said initial talks with some US investment bankers had already taken place. "We've tested the water and could look for an exit over the next two years," he told this news service. LCA invested an initial USD 7m in Sterling Planet in February 2007 and has a 21.3% stake in the company. "We believe a listing in the US would be well received by the market, but we're not ruling out a trade sale either. One of the big investment banks may be interested," he added. Last year, JP Morgan bought AIM-listed Eco Securities, a similar business operating in the carbon trading space. But LCA are in no rush. "It's better to wait and have Sterling Planet be a quoted company with a multi-hundred million dollar market capitalisation whose shares are regularly traded than see it struggle to sustain investor interest as another micro-cap renewable play," said Mahon. |
Posted at 15/4/2010 08:18 by andrbea rns out today15 April 2010 Investment Update: Vykson Limited Low Carbon Accelerator Limited ("the Company" or "LCA") announces that it has made a further equity investment of £150,000 into Vykson Limited ("Vykson"). This forms part of an overall funding round of £500,000 that has attracted two new investors, E-Synergy's Invest Growth Fund LP and an 'Angel' investor, Dr. Ramnath Nandakumar. Dr Nandakumar and a representative of E-Synergy will join the board of Vykson. LCA has now invested a total of £450,000 into Vykson and holds a 21.21% stake. Assuming full vesting and exercise of warrants and share options under the proposed management incentive scheme, LCA's share would fall to 19.49%. If LCA were to revalue its existing holding (prior to this investment round) at the price set at this round, the carrying value would increase from the current £460,000 to approximately £493,000, and imply a carrying value of its entire investment in Vykson of £643,000. Vykson's unique gas turbine engine enables the generation of renewable power from low quality gas, such as that given off at landfill sites, where the alternative is to flare at an economic and environmental cost. Akif Chaudhry, Investment Manager at Low Carbon Investors, the investment manager of LCA said: "We are pleased to welcome two new shareholders as well as two valuable additional members of the Board of Vykson. Having demonstrated the operation of its first commercial scale engine at a UK landfill site of a major UK waste company, we are pleased to see Vykson move to the next stage of its lifecycle. The additional funding will provide Vykson with working capital to deliver its first units to the market." |
Posted at 11/8/2009 18:26 by swiss paul 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: +44 (0)20 7631 2631 Grant Thornton UK LLP Philip Secrett Colin Aaronson Tel: +44 (0) 20 7383 5100 |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions