Nuuka's platform is a critical component in any genuine smart building, and the smart building market is booming. Almost 40% of global carbon emissions are produced by buildings, but the global smart building market is about much more than just energy efficiency. Nuuka’s technology helps make buildings more productive as well as more valuable for real estate owners. Loudspring has been increasing its ownership in Nuuka over the past years and we will continue to develop Nuuka as one of our core businesses to win market share.
We are of course thrilled to announce our involvement in this project. I have just returned from the US after the official launch of this campus and I have to say that it is truly exceptional. The team at OVG Real Estate and Edge Technologies are living up to their promises and delivering world changing smart buildings. It is great for Nuuka to be working with OVG on such a development.
The 5th China Gas Turbine Focus Conference was a great opportunity to present our clean technology to a forum of scientific institutions, researchers and users of gas turbines. Being awarded as an innovative technology at this event only confirms our role as a leader and pioneer in China. Such acknowledgement motives us to do better day after day at Eagle Filters.
Eagle Filters is a great example of a Loudspring company saving natural resources, in Eagle’s case natural gas. Eagle Filters supplies industry leading products to the energy industry and helps them save enormous amounts of fuel and thus reduce CO2 emissions. Saving a valuable resource like natural gas and optimizing its use is good for business and the planet
I’m pleased to announce these Loudspring core management team appointments. With this core team we are in a better position than ever to provide ongoing support to our portfolio as per our strategy and assist in realizing the growth potential of our portfolio companies.
We want to increase the transparency of our business portfolio and increase awareness about Loudspring among the investor community. We look forward to Inderes analysis increasing investors understanding of the business fundamentals and outlook of our core portfolio companies. Companies that save natural resources across a number of industry verticals is where we think a lot of value can be created for shareholders and we look forward to having Inderes make their own assessment.
We are happy to welcome Loudspring to our coverage of more than 100 listed companies in Helsinki stock exchange. We are committed to providing high quality and timely research reporting for the investor community and shareholders of Loudspring. All investors are welcome to access our research and engage with our analysts.
Our decision to choose Inderes for this task comes down to a number of things: we think they offer a quality service; they are trusted and well-respected in the Nordics; and they are active and innovative communicators to the market themselves.
Loudspring is committed to the Swedish market where we have a large number of active shareholders. I will now join Loudspring in an operational capacity, allowing us to further strengthen our presence in Stockholm. Now our focus is to grow our core holdings to the next phase and capitalize on the global energy and resource efficiency megatrend.
I have enjoyed tremendously working with Bigge over three last years and the reasons for him resigning are mainly private. We have together developed Loudspring into an internationally recognized accelerator, achieved significant growth and overcome many challenges. Loudspring will continue its strategic commitment to increase focus on developing its core businesses as well as increasing transparency of its portfolio for investors. I have a passion for our mission in saving natural resources as well as Loudspring’s transformation into an operational company. Loudspring has huge potential and as one of the principal shareholders of Loudspring, I intend to focus on a rigorous implementation and continue making the necessary changes to create shareholder value.
It has been a privilege and a joy to lead Loudspring for the past 3 years, and I am extremely proud of the accomplishments achieved by our team during my tenure. Our portfolio of companies are growing revenues successfully for the fourth consecutive year and their positive environmental impact with it. I am confident that the company has very exciting years ahead and will continue to support Loudspring through a role as advisor to the company.
“When a customer decides to convert an installation contract into a revenue sharing contracts it means that Enersize has clearly shown that savings can be made. This type of deal is gratifying to see and again shows that Enersize is moving customers forward from interest to installations to revenue sharing.”
“Astoria Energy burns natural gas as its primary fuel and it is critical for keeping the lights on in New York City. I believe natural gas will play a significant role in the US energy market for many more years to come. “Natural gas is a clean alternative to other fossil fuels and the Eagle Filters will contribute to the overall efficiency of the Astoria project”.
“We selected Eagle Filters based on a study that took place over a three-year period at Astoria Energy. We installed 4 competing suppliers of intake air filters and rigorously studied their performance over this test period.” “Prior to this study we utilized a lower quality filter and could experience a loss of up to 6 MW between turbine water washes. With Eagle Filters installed there was virtually no degradation of turbine output resulting in significant efficiency improvements.”
“Air impurities in gas turbines causes fuel efficiency to decrease up to 5% because of the effect these impurities have on compressor blades. Basically, the blades are too easily fouled. When these blades are fouled they need to be cleaned more often, so availability decreases due to periodical washing. In the end, power capacity can deteriorate by up to 10% due to fouling alone.”
Loudspring is a diversified portfolio comprised of a family of companies that through cooperation and resource sharing are stronger working alongside each other than they are on their own.
Eagle has the potential to soon become a highly cash-generative asset in the Loudspring portfolio.
In times like these the most important thing is to continue doing what we have always done and support our companies in every possible way we can.