Transactions

The following Tombstones represent a window on a number of CoreTec’s activities to date:

September 2004


European
Commission


Expert Evaluator to a forthcoming European Commission sponsored industry survey
October 2004



Formerly DERA, the Defence Evaluation and Research Agency

Hydrogen & Fuel Cell Technology Audit and commercial strategy recommendations
October 2004



UK regional Cluster comprising 16 clean technology developers

Structure and fundraising advice
November 2004



Start-up developer of carbon nano-tubes for the fuel cell markets

Fuel Cell industry advice and sales & development introductions
March 2005



Screen Technology developer. MTI Partners' (venture capitalist) portfolio company.

AIM strategy, process, introductions & negotiations with companies advisers & banks
April 2005



Specialist smaller companies investment bank

Co-authored Polyfuel's AIM IPO research note with Collins Stewart
May 2005



Angle Technology acts as a roaming advisor to the Carbon Trust and delivers virtual incubation services as and when required

Sub-Contractor: assisting with the commercial strategy of a university spin-out catalyst developer
June 2005



Angle Technology acts as a roaming advisor to the Carbon Trust and delivers virtual incubation services as and when required

Sub-Contractor: providing market research expertise for a university spin-out SOFC developer
June 2005


European
Commission


Strategic Research Agenda for Hydrogen and Fuel Cells

Core Technology Ventures, CoreTec, is pleased to announce its participation in a 30-partner consortium of industry stakeholders which has won a 3 year, EU €4.5m project to audit Europe’s Hydrogen and fuel cell capability.

CoreTec is the consortium’s only finance industry participant

As well as Core Technology Ventures, the consortium includes: Airbus, Air Liquide, Air Products, Daimler Chrysler, Fiat (Centro Riecerche), Gaz de France, NorskHydro, The Kurchatov Institue, Risø, Volvo (Tech Research) and Ricardo Plc.

July 2005


An Institute of Physics publication

Feature Article Commission

"Hydrogen and fuel cells: a new take on financing"

Click here for article
September 2005



Formerly DERA, the Defence Evaluation and Research Agency

QinetiQ Technical Assessment Auditing
September 2005



Angle Technology acts as a roaming advisor to the Carbon Trust and delivers virtual incubation services as and when required

Sub-Contractor: delivering commercial strategy and market research advice to a, university spin-out, materials developer
September 2005



Angle Technology acts as a roaming advisor to the Carbon Trust and delivers virtual incubation services as and when required

Sub-Contractor: assisting a private fuel cell technology developer with market research and commercial strategy advice
September 2005



Angle Technology acts as a roaming advisor to the Carbon Trust and delivers virtual incubation services as and when required

Sub- Contractor: assisting a private fuel cell technology developer with its Investor Readiness
September 2005



Consulting specialists in new business development and corporate growth

Sub- Contractor: delivering commercial strategy and market advice to a Public US fuel cell developer
December 2005 & May 2006

INVESTMENT BANK

International Investment Bank

Introduction of Acquisition Target & Project Management of Due-Diligence
December 2005



SOFC Fuel Cell developer

Project Managing Technical Due-diligence for its IPO
February 2006



Fuel Cell component developer

Business Development and fundraising expertise
June 2006



Investment Bank

Acquisition


CoreTec originated and advised on the deal & arranged suitable Technical & Commercial Due-Diligence Expertise. CoreTec also identified prospective non-executive board members

(See Reports & Articles for Press Release)
December 2006



Co-Authoring of Technical & Commercial AIM Due-diligence

CoreTec Project Managed & Co-authored the due-diligence for the flotation on AIM of a US based fuel cell company developing products for the portable electronics market.
January 2006



Contract Research Organisation

Business Development and fundraising expertise
February 2007

Investment of £1.6M
in
ACAL Energy Ltd


Investment led by

CT Investment Partners LLP

Company Advisor


Legal advisors to the investment syndicate
April 2007


Investment Bank

Co-Authoring of Technical & Commercial AIM Due-diligence

CoreTec Project Managed & Co-authored the due-diligence for the flotation on AIM of a US based fuel cell company developing products for the portable electronics market.
August 2007



Fuel Processing Technology and Fuel Cell Systems Developer

CoreTec announces Dresdner Kleinwort’s flotation of fuel cell business IdaTech Plc in London (AIM: IDA) raising £17m.

Subsequent to CoreTec’s role in introducing Idatech LLC to Investec which resulted in a successful acquisition, CoreTec continued to support Investec with introductions to specialist investment banking & other flotation related advisers for IdaTech’s IPO. CoreTec also introduced IdaTech to the pre-eminent sector expert Dr. Alan Lloyd as a non-executive director. Dr Lloyd is the former Chairman of the Californian Environmental Protection Agency (EPA).

January 2008


Contract Research Organisation

TRADE SALE


Deal Management Including Introductions to Potential Acquirors & Professional Advisors
April 2008



Technical Collaboration Funded by:

The Technology Strategy Board


CoreTec Introduced ACAL Energy to Thomas Swan & Co which lead to a successful application for grant funding.



Project: To deliver new non precious metal based chemical materials fit for purpose (including suitability for application and process scale up) for the cathode of liquid regenerating PEM type fuel cells.
May 2008

Micro - CHP

Specialist Developer of Micro CHP fuel Cell Systems


Business Planning Review and Workshop including Recommendations on Fundraising Options






Latest Presentations
Market Development and Financing of Fuel Cell Businesses
4th Real-SOFC Summer School - 2-7th Sept '07 Varna, Bulgaria.
Presented this Subject, by Invitation, to the Residential SOFC Course on 6th Sept 2007

European Investment Bank - Guide to Financing
Core Tec was a substantial contributor to this guide.
Published. Dec 2006

Financing the Hydrogen (and Fuel Cell) Economy
Presented at the Brussels conference entitled "Funding for RTD Projects and Infrastructures from the ETPs by the EIB".
Produced by Nick Owen (Ricardo) and Phil Doran (CoreTec). Oct 2006