The alternative energy source developer hopes to pick up £40m of investor funding to develop new fuel cells
Intelligent Energy, a green power company originally formed by academics from Loughborough University, unveiled plans on Friday to float on the London Stock Exchange, with an expected value of £600m.
The fuel cell developer hopes to take advantage of investor interest in new listings to raise at least £40m of new money to expand its work offering power systems for everything from iPhones to Suzuki motorbikes.