Igloo Energy is the next generation of energy company, we help reduce the cost of running your home.
Igloo Energy is a new type of energy supplier, we use data and technology to help reduce the cost and hassle in running a home.
The cost of energy for a home is complicated and doing something about it takes time and effort. For too long, customers have been forced to switch their energy supplier regularly to ensure they get a fair deal on price, but with limited information about why and how they use energy in their home.
We think its time for a change. We've built an energy company that doesn't want to sell electricity and gas. Our business model is designed to help our customers reduce the amount of energy they use, making their home efficient and cost less to run.
We offer one simple electricity and gas tariff and then use data on each home and its energy use to deliver personalised energy insights for our customers, with recommendations on products and services from LEDs and smart thermostats through to boilers and heat pumps sold on a fully installed and financed basis.
The company closed an investment round with Osaka Gas UK Limited in December 2019. Osaka Gas invested £3,500,000 into Lightbulb ES Limited (Igloo’s parent company). As part of the investment agreement with Osaka Gas, it was agreed that circa. 17,000 shares could be acquired from existing shareholders of the company at a price of £59.15 per share (the same price that Osaka Gas subscribed for new shares).
This share purchase has now been completed and, as previously indicated, the company is now offering pre-emption rights for the existing Seedrs investors. As an existing shareholder in the company you have the right to exercise your pre-emption rights in order to maintain your percentage ownership in the business at the pre-Osaka Gas level. If you would like to exercise your pre-emption rights, simply click the invest button above and follow the instructions.
As this is a pre-emption only campaign, available only to existing shareholders, limited information is being provided at this time.
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