British Gas, together with the Environmental Technologies Fund, Carbon Trust and Catapult Venture Managers, have financially backed data-cooling company 4energy’s global roll-out.
The £7 million investment sees the participating backers take a minority stake in the business which produces products aimed at reducing the requirements for electronic data centre and telecommunications equipment.
British Gas will now allow its data centre and ICT customers to use 4energy’s services to reduce energy costs through analysis of thermal footprints and adjustments to air-flows and temperature gradients.
The cash secured will be used to build out its operations in Europe, China, India, Africa and North America.
Pat Tindale, 4energy CEO, comments, ‘We will be able to offer enhanced energy saving solutions to more customers with British Gas’ strong support.
‘They have an excellent proposition for their UK corporate customers, and we believe we can enhance that immediately.’