A technology firm next to Ellesmere Port has welcomed a significant investment.
EA Technology (EA), based in Capenhurst, is a specialist in electrical asset management and smart grid solutions. It has announced the investment from Summa Equity, a global private investment firm renowned for its impact-driven approach.
In recent years, EA has experienced rapid growth, empowering electricity grid owners and operators while establishing itself at the forefront of a burgeoning industry. The ongoing energy transition towards a decarbonised grid has created substantial growth opportunities, and this partnership with Summa Equity is poised to enhance EA Technology’s position and accelerate its progress.
Summa Equity was created to solve global challenges, investing in companies that deliver innovative solutions for a sustainable future. This shared vision was a crucial factor in the collaboration with EA Technology.
Gisle Glück Evensen, partner at Summa Equity, said: “By partnering with EA Technology, we aim to accelerate the roll-out of EA’s industry-leading smart grid technology in the UK and internationally, accelerating the transition to a cleaner, more sustainable energy future."
Robert Davis, CEO of EA Technology, added: “This partnership with Summa Equity will provide us with invaluable expertise and global growth opportunities. We have been meticulously evaluating potential investors, ensuring alignment with our mission and values, and Summa embodies that alignment.
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