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Power Saving Solutions: fuelling organic growth
Investment to accelerate product development and diversification into new markets
Investment to accelerate product development and diversification into new markets
Power Savings Solutions is a hybrid power specialist.
December 2024
Power Saving Solutions provides high performance battery storage units and hybrid power systems for commercial use across the UK.
The Mansfield-based battery power specialist operates its Hussh Pod units in conjunction with a variety of power sources, including diesel generators, renewable energy and on-grid sources, to give customers a hybrid power solution that maximises site efficiency, reduces emissions, reduces noise pollution and cuts costs for fuel and maintenance.
Powering growth
In December 2024, LDC backed Power Savings Solutions’ management team, led by Andy Richardson, Tom Cummins and Graeme Maxwell.
LDC’s investment and support will help Power Saving Solutions to cement its leading position in the growing battery storage industry and deliver a growth strategy underpinned by product development and diversification into new end markets.
As part of the transaction, Gary Jacobson joined the board as Non-Executive Chairman, bringing with him more than 20 years of sector experience, and Mike Marrison, former CFO of equipment-as-a-service provider SRL Traffic Systems, joined as a Non-Executive Director.
Andy Richardson, CEO
Power Saving Solutions