"We are delighted that IncubEx has reached this agreement with EEX, which is part of the Deutsche Borse Group, to allow trading and clearing of contracts developed by IncubEx," said Richard Burrell, chief executive officer of Aggregated Micro Power. “IncubEx is now in a position to fulfil its stated aim to innovate and incubate new financial products and services that meet the needs of the global energy and environmental markets,” he added. “The IncubEx team, who have extensive experience of environmental markets, is now in a strong position to build a world class business," Burrell declared.
Richard Burrell, chief executive of Aggregated Micro Power Holdings plc caught up with Proactive to run through the firm's results for the year to the end of March 2017. After a string of acquisitions, revenues jumped to £19.7mln (£1.3mln for the 15 months to 31 March 2016), while the AIM-listed group also posted a pre-tax profit of £930,000 (£7.7mln loss for the 15 months to 31 March 2016). AMP also today announced the acquisition of a 50.1% stake in Highland Wood Energy, a Scotland-based wood fuels, operation and maintenance supplier with a strong track record in installations of biomass energy solutions.