| | Company Research: Finemore Energy Limited | Finemore Energy Limited (the "Company") was established in May 2011 as a platform to acquire companies in the UK energy services sector with strong management teams and opportunity for rapid growth. In line with its strategy, the Company has entered into a conditional agreement to acquire the entire issued share capital of Inspired Group Holdings Limited ("Inspired"), a respected energy procurement and management company. On admission to trading on AIM, the Company will be re-registered as a public company and renamed Inspired Energy Plc.
Inspired was founded by Janet Thornton in June 2000 and is based in Kirkham, Lancashire. Inspired is a provider of energy purchasing and energy consultancy services to corporate energy users. Through optimising energy procurement strategies, Inspired enables clients to achieve greater certainty or cost efficiency in respect of their energy costs.
Inspired advises on and procures energy (gas and/or electricity) contracts for its customers with energy suppliers. On commencement of a contract, Inspired generates commission based on the customer's energy consumption, subject to a minimum consumption level. Inspired's commissions are solely dependent on the client's overall energy consumption levels and as a result Inspired's revenue stream is not impacted by energy commodity price fluctuations.
Inspired currently manages and negotiates more than 800 gas and electricity supply agreements on behalf of approximately 460 customers. | | Technical Information | Registered Address | Charts | | Ticker Symbol | Not known | | ISIN Code | Not known | | Industry Sector | Not known | | Listing Exchange | AIM | | Trading Status | Pre-float | | First Trading Day | 28th November 2011 |
| Finemore Energy Limited Address lookup pending. | Finemore Energy Limited
has not commenced trading. | | Related News | | | Register Interest in this IPO | To register your interest in this IPO please enter your email address below |
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