Abchurch has won the Financial PR and Ongoing Corporate Communications remit for PassivSystems, a provider of intelligent connected energy services for residential homes and for optimising solar PV assets.
PassivSystems’ software platform is built to support a range of applications, with immediately deployable solutions available for home heating, hot water and solar photovoltaic (“PV”) management. The platform connects homes and the heating equipment used in them to a central platform to enable optimisation of energy usage, improve comfort levels and deliver control and guidance in a convenient manner to users.
The Company was founded in 2008 by the CEO Colin Calder and currently operates from its headquarters in Newbury, Berkshire. At a time when the UK consumer is under an ever increasing financial strain with respect to energy costs, the Group recognises that there is an opportunity in the home energy and appliance control market for the right combination of hardware and software as a service to deliver savings for consumers.
PassivSystems currently provides two product lines:
The Company announced its Intention to Float on the AIM market of the London Stock Exchange on 31 March 2014, and dealings are expected to commence in April 2014.
Julian Bosdet, Senior Partner of Abchurch commented: “Abchurch is delighted to have been appointed by PassivSystems. The Company is making significant developments in an exciting industry. The product offering has environmental and financial benefits, thus making it an incredibly attractive proposition for consumers, professionals and investors alike.”
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