Deal typeCapital Markets & Transaction Services
IndustryNatural resources & Energy & Technology & Media
Sub-industryRenewables & power & Technology
Client nameGelion plc
BDO was the reporting accountant for the IPO of Gelion plc.
Gelion plc is a UK-Australian energy storage innovator established to commercialise new zinc-bromide battery technology. The AIM IPO raised net proceeds of £14.1m, these funds will allow the business to accelerate the commercialisation of its battery technology which is suited to off-grid and grid connected storage of renewable energy.
"It was a delight to work alongside the Gelion plc management team to help them accelerate the commercialisation of their energy storage technology. We look forward to building a long term collaborative relationship with Gelion plc."
Marty Lau, Partner, BDO LLP