Cleantech Invest takes a stake in Finland’s Eagle Filters

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Eagle Filters provides air filtration solutions that improve the efficiency and capacity of gas fired power plants. The company employs 9 people in Finland and has been accepted into a debt restructuring process in order to improve its financial position and growth opportunities.

Cleantech Invest managing director Alexander Lidgren said: “We believe that energy efficiency is the cheapest and fastest way to tackle our climate and energy security challenges. We have worked hard to find the most promising Nordic energy efficiency technologies and Eagle Filter’s solution has one of the best cost-to-savings ratios we have yet seen. We are happy to join Eagle Filters as a shareholder and see that by working together we can build a truly valuable business from this unique solution.”

Juha Kariluoto, managing director of Eagle Filters, said: “We welcome Cleantech Invest as our new shareholder and believe that with Cleantech Invest’s global partner and client networks will be valuable for our future growth. Together with Cleantech Invest we are currently redefining our business model to accelerate adoption of our energy efficiency solution.”