European investor InnoEnergy joins Minesto as speakers at renewable energy capital markets day

The European investor InnoEnergy and Minesto attends a renewable energy capital markets day held in Stockholm tomorrow 7thof February. Keynote speaker of the event is Javier Sans, CTO Renewable Energies at InnoEnergy.

Having invested more than €170m in innovation projects in the energy sector, InnoEnergy is a European powerhouse in supporting and bringing new ideas and products to the market, with the end goal to achieve a sustainable energy future for Europe and the world.

InnoEnergy has 26 shareholders including industry players, universities and research institutes from all over Europe and is supported by the European Institute of Innovation & Technology (EIT).

To date, InnoEnergy has invested €4.5m in Swedish marine energy developer Minesto. Minesto’s CEO Martin Edlund is joined by Javier Sanz, CTO Renewable Energies at InnoEnergy, as speakers at a renewable energy capital markets day arranged in Stockholm on the 7th of February.

Javier Sanz leads InnoEnergy’s strategy in Renewable Energies. With more than 25 years of professional experience, he has extensive experience developing new products and bringing them to the market in the Energy and Aerospace sectors.

“InnoEnergy is a major investor in Minesto and has played a crucial role to the company so far. InnoEnergy and Javier have a deep knowledge of the industry and we look forward to his participation in Stockholm”, says Martin Edlund, CEO of Minesto.

The capital markets day is arranged by Stockholm Corporate Finance with registration starting at 07:45. For full agenda and registration, see this link.

For additional information please contact:

Magnus Matsson Communications Manager, Minesto AB +46 70 570 75 08 press@minesto.com

About Minesto

Minesto is a marine energy technology company with the mission to minimise the global carbon footprint of the energy industry by enabling commercial power production from the ocean.

Minesto’s award winning and patented product, Deep Green, is the only verified marine power plant that operates cost efficiently in areas with low-flow tidal streams and ocean currents.

In May 2015, Minesto secured a €13m investment from the European Regional Development Fund through the Welsh European Funding Office, for the commercial rollout of Deep Green.

Minesto was founded in 2007 and has offices in Gothenburg, Sweden, Holyhead, Wales and Portaferry, Northern Ireland. The major shareholders in Minesto are BGA Invest and Midroc New Technology. The Minesto share (MINEST) is traded on the Nasdaq First North Stockholm stock exchange, with G&W Fondkommission as Certified Adviser.

Read more about Minesto at www.minesto.com

Press images and other media material is available for download via bit.ly/minestomedia.