Loudspring is exercising part of its options in Eagle Filters to increase ownership from 63.4% to 67.6% through an additional investment.
Lassi Noponen, CEO of Loudspring, said: “Eagle Filters is progressing according to the plan and Loudspring increasing its ownership is part of our communicated strategy. Loudspring has the option to further increase ownership to 80% in Eagle Filters and we are likely to exercise this option in the future.”
Eagle Filters provides novel efficiency technology for power plants. Eagle’s patented high performance air intake filters enable several million euro savings in efficiency gains for individual power plants.