Loudspring increases ownership in Eagle Filters through an additional investment

Loudspring is exercising a part of its options in Eagle Filters to increase ownership from 63,4% to 67,6% through an additional investment.

Lassi Noponen, CEO, Loudspring:

“Eagle Filters is progressing according to the plan and Loudspring increasing its ownership is part of our communicated strategy. Loudspring has the option to further increase ownership to 80% in Eagle Filters and we are likely to exercise this option in the future.”

About Eagle Filters

Eagle Filters provides novel efficiency technology for power plants. Eagle’s patented high performance air intake filters enable several million euro savings in efficiency gains for individual power plants. This technology’s cost saving potential for the global energy industry is over 10 billion EUR every year. In Loudspring’s recent Impact Report for 2017, Eagle Filters helped avoid 121 510 ton of CO2 from being emitted and saved approximately 149 563 m3 of water.

Contact information:

Joshua Burguete-Kirkman, Communications Director of Loudspring Plc. Tel. +46 70968 5584, joshua.kirkman@loudspring.earth

Loudspring in brief

Loudspring is a company group focused on saving natural resources, with offices in the Nordics and California. The Loudspring companies are active on global markets in five sectors: energy, real estate, fashion, food and manufacturing. Loudspring management consists of company builders combining positive environmental impact with business for over a decade.

The company group is listed on First North Finland under the ticker LOUD and on First North Stockholm under the ticker LOUDS.

www.loudspring.earth

LinkedIn: https://www.linkedin.com/company/loudspring/

Twitter: @loudspring

IG: @loudspring_earth

FB: @loudspringco

About Us

GROWING REVENUES WHILE SAVING NATURAL RESOURCES We operate on markets undergoing a revolution due to competition for resources, infrastructure overload, socio-economic change and decreasing cost of key technologies. Our companies are high impact, capital light, and scalable. We share their journey to success and try to help accelerate it.

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Loudspring is exercising a part of its options in Eagle Filters to increase ownership from 63,4% to 67,6% through an additional investment.
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Eagle Filters is progressing according to the plan and Loudspring increasing its ownership is part of our communicated strategy. Loudspring has the option to further increase ownership to 80% in Eagle Filters and we are likely to exercise this option in the future.
Lassi Noponen