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The latest announcement is out from Invinity Energy Systems ( (GB:IES) ).
Invinity Energy Systems has effectively redomiciled to the UK, establishing a new parent company incorporated in England and Wales. This strategic move allows the company to trade its shares on AIM and the Aquis Stock Exchange, further solidifying its presence in the UK market. This development is part of Invinity’s ongoing efforts to enhance its operational framework and improve its market positioning, potentially benefiting stakeholders by increasing the company’s accessibility and visibility in global energy storage markets.
More about Invinity Energy Systems
Invinity Energy Systems plc is a global manufacturer specializing in vanadium flow batteries, catering to large-scale, high-throughput energy storage needs for businesses, industries, and electrical networks. These batteries are particularly suited for renewable energy applications due to their longevity and reliability, with operations spread across major global energy markets including the UK, Canada, USA, China, and Australia.
YTD Price Performance: 9.38%
Average Trading Volume: 893,351
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £77.1M
For a thorough assessment of IES stock, go to TipRanks’ Stock Analysis page.
