December 09, 2022 – RiverFort are pleased to announce that Inspirit Energy Holdings Plc has entered into a short-term, unsecured working capital facility of up to US$250,000 with an initial advance of US$80,000.
Inspirit Energy is a technology and engineering solutions company currently developing a Waste Heat Recovery (WHR) system for internal combustion engines, with the aim to make combustion engines more efficient and achieve reduced carbon emissions.
Inspirit Energy’s Board commented:
"This is a good short-term facility providing near-term funding while the engineering team work on the final phase of our Waste Heat Recovery application".
For more information regarding the financing, please visit LSE’s website for the 8th December 2022 announcement (Inspirit Energy Short Term Debt Facility. (londonstockexchange.com))