Magnesium Capital LLP

We are proud to back ambitious and forward-thinking management teams that are helping refocus the energy sector towards a lower-carbon economy and solving some of the sector's most pressing challenges. We believe that working in partnership adds value to our portfolio companies and our investors. Modern technology and more efficient methods of production have created a large opportunity for investments in technology and services that optimise asset utilisation, increase energy efficiency and reduce waste. Based in Aalborg, Denmark, Inopower is a leading provider of E-Boilers and Power-to-Heat Solutions. By electrifying the production of heat, Inopower is able to drive down the consumption of fossil fuels, which currently accounts to over 60% of the total energy used for heating. Inopower’s digital offerings and control solutions are used by utilities and energy traders across Europe to provide ancillary services to the electricity grid, resulting in additional revenues and increased grid stability. As the installed capacity of distributed renewable energy continues to increase, Inopower’s flexibility solutions will play an even more important role in maintaining a balanced grid. Denmark-based SCADA International, is the leading provider of mission-critical software and control systems for the renewable energy sector.