Fuel cell maker to float on stock market?

A British company which makes fuel cells for electric cars is rumoured to be preparing to float on the stock market. Intelligent Energy which was founded by four academics from […]

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By Vicky Ellis

A British company which makes fuel cells for electric cars is rumoured to be preparing to float on the stock market.

Intelligent Energy which was founded by four academics from Loughborough University has asked a bank and investment firm to oversee its initial public offering (IPO), reported Sky News.

The IPO could take place in June suggested the news report but Intelligent Energy has not confirmed the rumour.

Last month the firm won a multi-million pound contract to power Indian telecoms masts.

It was ranked the UK’s 15th fastest growing tech firm by Deloitte in 2013 for growing 1333% over the past five years.