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Pin to quick picksInspirit Energy Share News (INSP)

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Inspirit Energy Begins Construction Of First Verification Unit Boiler

Mon, 15th Jun 2015 07:37

LONDON (Alliance News) - Inspirit Energy Holdings PLC said Monday it has begun construction of its first verification unit boiler.

The unit is being assembled at its Sheffield development facility, and Inspirit said that following final in-house testing it will be shipped to independent consultants Enertek International Ltd to test its conformance with the European Gas Appliance Directive. The aim of this testing is to accredit the unit so it can be deployed commercially to potential customers.

"The construction of this verification unit paves the way for Inspirit to have its first working certified commercial boiler in operation at the premises of a potential customer and serves as a real value catalyst for Inspirit shareholders," said Chief Executive Officer John Gunn in a statement.

Shares in Inspirit are untraded Monday morning; they last closed at 0.611 pence.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

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