Clean Air Power

DUAL-FUEL Combining diesel and natural gas for clear cost efficiency

Clean Air Power has pioneered the move towards natural gas by developing Dual-Fuel technologies that provide customers with diesel engine performance, cost savings and low emissions.

Clean Air Power's flagship technology is its patented Dual-Fuel system, which enables heavy duty diesel engines to operate primarily on natural gas with diesel fuel acting as a "liquid spark plug". By burning up to 90% natural gas, customers benefit from a combination of low emissions and high efficiency.

With the increasing cost of diesel fuel, stringent emissions regulation and the need for a cleaner, quieter environment, Clean Air Power receives constant requests for its technological solutions and has two main product variants for its Dual-Fuel technology:

Integrated Product
The integrated product is a solution where the Clean Air Power technology works hand in hand with the manufacturers technology, whereas the Genesis application is a more generic retro fitted solution.


Genesis Product

The Genesis product has currently been developed for the DAF CF85 and Mercedes Axor Euro III platforms in the UK.

Clean Air Powers Dual-Fuel technology has been installed on over 1,600 vehicles worldwide by over 50 companies.

With its unique Dual-Fuel technology, Clean Air Power has pioneered an immediate solution to reduce emissions and fuel costs in the truck industry. Dual-Fuel enables a 50% natural gas substitution when fitted to a diesel engine, resulting in a carbon saving of 8.4 tonnes a year, based on 200,000km annual mileage; representing a cost saving of 5p/km, or 10,000 per vehicle yearly.

Successful Placing to raise £5 million

Clean Air Power (AIM: CAP), the developer and global leader in Dual-Fuel engine management software for heavy duty vehicles, is pleased to announce the placing of 51,948,000 new Common Shares at a placing price of 9.625 pence per share to raise approximately £5 million before expenses (the "Placing").

The Company is particularly pleased that two new strategic investors took part in the Placing; Ervington Investments Ltd ("Ervington"), whose ultimate beneficial owner is Roman Abramovich, and Ms Zara Shvidler. Together, these two investors committed to subscribe, if necessary, for the entire Placing which contributed significantly to the successful fundraising. As a result of significant institutional interest, the subscriptions of each of Ervington and Ms Shvidler were scaled back and they will each have an interest in approximately 1.5 per cent. of the enlarged share capital of the Company.

plenty of buying today.

News paper coverage over the weekend should help the sp tomorrow.

Bit of a punt but decided to acquire some of these. Good enough for £5m from Abramovich, good for me. I like the longer term dual fuel play.

More gains again today, tipped Shares mag

Week old news but Cantor Fitzgerald with buy rec, target 19p. The potential in the the US is huge but not yet seeing much interest. Once the market cap hits £50m I expect this to be hitting more radars.

Another Daily Mail tip hits the dust.

And down again today.

After last Friday rise there was coverage over the weekend in both The Telegraph and Mail.
so more rise on the way at least for tomorrow

Great tipping from DM.