Gaelectric Energy Storage Selected to Present at CleanEquity Monaco 2014

LONDON, Feb. 24, 2014 /PRNewswire/ -- Gaelectric Energy Storage will present at CleanEquity Monaco 2014 on March 27^th & 28^th 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, PR Newswire, Kwittken & Company, the Monte-Carlo SBM and Monaco Chamber of Economic Development.

Gaelectric Energy Storage 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.

Gaelectric Energy Storage (GES) is a leading European grid storage development-integration company, developing Compressed Air Energy Storage (CAES) projects. The business model involves delivery of CAES solutions backed by long-term contracted revenue streams to provide attractive investment returns.

Its flagship CAES project in Ireland, will commercialise large-scale storage to enable higher levels of renewables. Last November, the company entered into a Strategic Alliance with Dresser Rand, the world's only commercial supplier of CAES equipment to provide an integrated CAES solution offering to the market. It has signed agreements for additional sites and continues to evolve a pipeline of projects across Europe. GES seeks a strategic business partner for the expansion of its CAES activities globally. 

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