|By PR Newswire||
|March 21, 2014 06:07 AM EDT||
LONDON, March 21, 2014 /PRNewswire/ -- FRIGESCO LTD will present at CleanEquity Monaco 2014 on March 27th & 28th at the Sporting d'Hiver, Monaco.
CleanEquity Monaco is an annual invitation-only event hosted by Innovator Capital, the London based specialist cleantech investment bank.
Other partners and sponsors include Prince Albert II of Monaco's Foundation, Covington & Burling, Qualcomm, Renault-Nissan Alliance, Autodesk, Polar Star Ventures, PR Newswire, Kwittken & Company, the Climate Group, the Monte-Carlo SBM and Monaco Chamber of Economic Development.
FRIGESCO has been identified by an expert panel as one of the world's most innovative cleantech companies and has been selected to present to senior financial and strategic cleantech investors, policy makers, legislators, end users and media.
FRIGESCO is a young company that is set to revolutionise the refrigeration industry globally with a truly disruptive technology.
Frigesco has developed and patented a system for improving the energy efficiency of refrigeration systems by eliminating the need for any external energy source to run the defrost process. The system was invented by Chairman, Professor Tom Davies of the University of Exeter, and technical director Robin Campbell who between them have 60 years' experience of the industry.
Frigesco estimates the worldwide annual potential energy savings from adopting the Frigesco™ System in supermarket display cabinets alone amount to £1.6bn with rapid pay back on the installation costs. The technology can also be applied to all parts of the cold chain from domestic freezers, cold rooms, refrigerated containers and heat pumps.
The company is now commercialising a cold room defrost system, with store trials scheduled to start in April 2014. Development of a Retail Display Cabinet version is under way, part funded by a DECC Energy Entrepreneurs Fund grant with support from a major European cabinet manufacturer.
The company was highly commended runner up in the 2013 RAC Cooling Industry Awards for Best Refrigeration Innovation of the Year and recently won best in show award at the Cleantech Innovate event in London.
David Walter, Managing Director, Frigesco Ltd, [email protected] +44(0)7889 368629
About Innovator Capital
Innovator Capital is a specialist investment bank advising Cleantech and Life Science companies from around the world. Established in 2003, Innovator focuses on the provision of expert strategic and capital markets advice, transaction arranging and M&A services for private and public companies.
SOURCE Innovator Capital