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Business Description
Flowgroup plc develops and commercializes alternative and efficient energy products. The Company provides home energy efficiency products and services and supplies clean energy products for backup power. As of December 31, 2012, the Company had three subsidiary businesses: Kingston Energy, which is a supplier of energy and energy efficient products to the consumer, Genlec, which distributes generation in the home, and Pnu Power, which is a compressed air backup power. The Pnu Power market strategy is focused on two key areas - utility switching within power networks and critical power applications within the data centre market. On April 2, 2012, the Company acquired from Utiligroup Limited, part of Bglobal plc, the entire issued share capital of Circuit Energy Supply Limited, a company which has an electricity supply license, which will enable the Company to trade electricity in the United Kingdom.