The University of Loughborough [http://www.loughborough.ac.uk/] has spun out the company Intelligent Energy.

[http://www.intelligent-energy.com/]

Another sign of Britain’s growing ambition to be a technology leader.

Intelligent Energy  is an energy technology group that has developed advanced, power dense hydrogen fuel cell technology that provides efficient and clean power generation. The company’s intellectual property and expertise is based around its proprietary fuel cell technologies which are the result of over 25 years of research and development.

They have products for the business and consumer market, with power in short supply this company has some clever technology for global markets.

The floatation last week raised £55m after listing on the London Stock Exchange
[http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=32844078]

With the initial listing of just 8.76pc of the company that raised £55m, means the total company is worth over £500m. Not bad for a start-up.

A key investor is the GIC of Singapore, the Government Investment Corporation, the massive Singaporean sovereign wealth fund.

British Innovation at its very best.